Kolkata, Oct. 25 -- The government's recent Free Trade Agreement (FTA) with several European nations, Japan and the UAE would boost exports of leather goods and help sustain the sector on a firm footing, notwithstanding the US tariff war on India, an industry body has said.
The Indian Leather Products Association (ILPA), however, said the additional tariff imposed by US President Donald Trump on Indian goods could affect shipment of around 5-8 per cent of finished products.
"With the Indian leather export market projected to cross USD 6 billion in 2025-26, ILPA members are expected to contribute a significant share of high-quality leather products. The association foresees thousands of new employment opportunities across manufacturing, de...