US footwear firms fear sanctions against China, looks up India : CLE

Chennai, Jan 17 (UNI) Council for Leather Exports (CLE) Chairman P R Aqeel Ahmed on Thursday said US footwear companies were looking at India for sourcing fearing imposition of sanctions on China. The Indian footwear exporters have been receiving more enquiries, including requests for samples, from the US as they were worried about sanctions on China, he told reporters here. He said at present India exports about two to three per cent of leather products for US.

The CLE Chairman said several Chinese leather firms have evinced keen interest to set up facilities in India.
Mr Ahmed also said Russia, Africa, Chile, Japan, Korea and Latin America were also potential markets for the Indian leather industry.