Commerce Minister sets $50 billion exports target for leather, footwear industry by 2030
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Calling for synergy within the industry to develop Design Studio with state of art infrastructure and developing globally competitive footwear designs, Union Minister of Commerce and Industry Piyush Goyal has said that the Leather and Footwear Industry should aim for a bigger vision and scale up the Leather and Footwear industry exports to the tune of $50 billion by 2030.
The Minister further encouraged the industry to showcase world class products with a large-scale exhibition, inviting participation from domestic and international brands. He also highlighted the importance of Quality Control Orders (QCOs) for ensuring the quality of the product for the consumer and to promote Make in India brand.
Besides, he stated that the industry will benefit with the implementation of QCOs in the long- run. To address the concern of the industry in respect of QCOs, the Minister stated that the Government will take all efforts to make the QCO certification procedure smooth and flexible for the industry. He added that micro & small units under MSME continue to be exempted from the preview of QCOs.
