Delhi International Leather Expo 2025: A Boost for India’s Leather Industry
The Council for Leather Exports (CLE) is set to host the Delhi International Leather Expo (DILEX) 2025 on February 20-21 at Yashobhoomi, ICC Dwarka, New Delhi. This premier B2B event aims to create a dynamic platform for manufacturers and exporters to present their latest collections and innovations. It will attract international buyers looking for reliable sourcing options. DILEX 2025 aligns with the Indian government’s initiatives, such as “Make in India” and Atmanirbhar Bharat. The expo is expected to enhance exports, generate employment, and strengthen India’s position in global markets.
Government Initiatives to Support the Leather Sector
The Indian government has introduced several reforms to support the leather industry. One significant change is the reduction of the Basic Customs Duty (BCD) on wet blue leather from 10% to zero, effective February 2, 2025. This move addresses a long-standing demand from the industry. Additionally, the government has eliminated the export duty on crust leather. These measures are part of a broader strategy to boost manufacturing and exports, particularly in the footwear sector.
A Special Package has been launched to enhance productivity, quality, and competitiveness in the leather industry. This initiative aims to generate a turnover of ₹4 lakh crore and exports of ₹1.1 lakh crore, creating approximately 22 lakh jobs. The government’s proactive approach is crucial for the industry’s growth and sustainability.
Support for Micro, Small, and Medium Enterprises (MSMEs)
To further support the growth of MSMEs in the leather sector, the government has increased investment and turnover classification limits. The credit guarantee coverage for micro and small enterprises has been doubled to ₹10 crore. This change is expected to unlock an additional ₹1.5 lakh crore in credit over the next five years.
Custom financial assistance will also be available, including tailored credit cards for micro-enterprises and support for SC/ST women entrepreneurs. These initiatives aim to promote inclusive growth and ensure that all segments of the industry benefit from the government’s support. An Export Promotion Mission will be launched with specific sectoral and ministerial targets to enhance the industry’s global competitiveness.
CLE’s Commitment to Industry Growth
The Council for Leather Exports (CLE) has expressed gratitude to key government figures, including Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, for their unwavering support. CLE is dedicated to promoting industry expansion, job creation, and strengthening India’s presence in global trade.
The recent budget announcement comes at a critical time for India’s leather and footwear sector. This sector is rapidly evolving into a global manufacturing hub under the “Make in India” and “Atmanirbhar Bharat” initiatives. CLE has set an ambitious target of USD 47 billion by 2030, with USD 13.7 billion earmarked for the export sector.
Future Prospects for the Leather Industry
Shri Rajendra Kumar Jalan, Chairman of CLE, emphasized the importance of the government’s proactive measures. He noted that the duty reductions and financial support for MSMEs will significantly elevate India’s leather sector on the global stage. The industry is poised for substantial growth, thanks to the newly introduced special package and export-oriented incentives.
Shri Vimal Anand, Joint Secretary, echoed these sentiments, stating that the Union Budget 2025 has provided a much-needed boost to the leather and footwear sector. With enhanced credit access and rationalized duties, the industry is well-positioned for significant growth in the coming years.
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