Ad Here  
Pharma market dozes ECGC expands operations OBO Bettermann for better lightning protection ALL to launch electric busses Blue Star plans a new plant in south ISRO's 100th mission Chennai Port is at last decongested! Realty sector takes a break... Veritas Finance- financing the unfinanced Big-ticket investments march towards Punjab Well-refined – RIL’s refinery margins zoom Downsizing spree... Scoot offers just Rs.13,500 to ANZ... Secured NCDs from Shriram City Sun Edison launches solar pumps Chola MS net crosses 100 crores Housing Innovation Challenge, 2015 Focus on self-certification and third party inspection TOP 10 CEO Compensation Celebration time at MS Chola A global plastic event in India Investor friendly Japan Carrefour’s quick exit Indian Bank – global businesses crosses Rs 3 lakh crore... Need to focus on ease of doing business... ALL-two launches in a row Reality bytes Steel loses its sheen IFCI to raise NCDs upto Rs 2000 crore Tata Steel commence operations at Kalinganagar People Flow Day- Safety Business Breif TII-challenging year with flat growth Chola MS launches motor app Schwing Stetter India joins hands with US-based Gomaco Inclusive and forward moving... Three more leather clusters… TN budget pragmatic and moderate on fiscal deficit SumInfra- corridor based development... Illicit markets a concern to growing economy Applauding enterprise... Holiday Inn opens in OMR Chennai Industry-well poised to invest on expansion Strategy war escalates between Hero and Honda Changing dynamics in human resource management The new look- 4s Verna Automotive Vision Plan II... Nothing to hide... World labour laws at a glance Four daughters and a proud father Placing the right shoe forward... Waste, a gold mine When Centre visits the state More gensets and diesel engines from TAFE Auto test tracks launched at GARC Oragadam campus Celebrating 180 years of relevance Connecting the unconnected BRICS development bank European crisis is a global crisis! Brand leaders come forward... Backpack laboratory Gem of social service... Business Briefs - Digital retail transactions stabilise at higher level… ALL – truck industry is recovering from degrowth Murugappa- a year of consolidation Time to fast-pace the logistics sector Durga - India’s largest blast furnace; now operational Economic issues take a back seat at G20 summit Purdue and IIT-M sign the dotted line Indigo stays leader with 40 per cent share Curbing steel imports will hurt small business... Striking cords for 25 years… Techies trip to India Is Indian telecom industry heading for a monopoly? Smart controls for cooling large multi-zone spaces ... TCS’ revenues cross Rs 100,000 crore CUB: towards card-less withdrawal Economic, business and social sustainability AirAsia India infuses funds to fight out competition Hyundai excites again Climate change may change the way businesses work... Creating Tamil Nadu Banana brand Make way for the new and dynamic railways Airlines wage price war Innovation that helped Chennai port Research needs more funding Rating of states to be released soon Flexible labour laws… Apple maps – finding its way Hero Motocorp - smooth ride An American alliance in the chemical industry? On the ‘milky’ way An aerospace-defence cluster in Tamil Nadu… Chennai to get a roundabout Metro WABCO’s second Chennai plant Dynamic e-commerce scenario Realising double digit growth in Tamil Nadu Chennai will soon get its World Trade Centre LVB gears to become a financial supermarket Adding Zest to Scooty Ridley marathon to India STFC raises money Towards peace of mind Nigeria comes nearer TiE applauds innovative entrepreneurs Bridging the skill deficit in pharma industry TII’s single largest investment at Thiruthani TVS Logistics – another acquisition to sharpen the business model
Nothing to hide...

The 30th India International Leather fair, the largest integrated B2B leather fair in the world, opened on a grand note. Spread over 9800 square metres at the Chennai Trade Centre, this year’s fair occupied 8- 10 per cent space more than last year’s. “This year we host 440 companies of which 142 are from overseas.” said J Deepak, CMD of IndiaTrade Promotion Organisation. The exhibition showcased entire range of products - from raw material to finished products and auxiliary products such as finished leather, shoes, shoe components, leather garments, fashion accessories and leather goods. Nirmala Sitharaman, Union Minister of Commerce and Industry, inaugurated the fair. The who’s who of leather industry showcased their products.

From its inception, the leather industry has been a major contributor to exports. “Leather trade now totals to $ 12 billion, both domestic and international. In the next five to six years we expect this to increase to $ 27 billion. This demands increased in manpower from the present 2.5 million to 5 million,” said Rafeeque Ahmed, Chairman, Council for Leather Exports.

The plans of new leather clusters are taking shape. 360 acres at Kottapattinam, Andhra Pradesh has been allotted Rs 120 crore by the Central government for this. “In Tamil Nadu we are unable to get large piece of land. Andhra Pradesh is trying to source around 15 acres near Chitoor and Kuppam to set up a green field leather cluster,” said Ahmed.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236