New Delhi, Feb. 3 -- The Council for Leather Exports (CLE) has projected significant growth potential following the Union Budget's announcement of a focused product scheme for the footwear and leather sectors.

According to a statement released on Sunday, the initiative is expected to boost exports by more than Rs 1.1 trillion while enhancing both productivity and competitiveness.

CLE Chairman Rajendra Kumar Jalan detailed the scheme's comprehensive approach, highlighting its support for critical areas including design capacity development, component manufacturing advancement, and machinery procurement for non-leather footwear production.

The initiative carries substantial economic implications, with projections indicating the creation ...