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The Leather Belt Making Business market has experienced a major boom in the last few years in India because of:
In the leather footwear and garments industry, India is the second-largest producer in the world by manufacturing 13% of the world’s total leather hides/skin.
The Indian leather industry was worth 13 billion dollars in the last financial year as per statistics available from government sources. It is estimated to grow to almost 25 billion dollars by 2027.
By launching the Indian Leather Belt Making Business Development Programme (ILDP) the central government aims at encouraging businesses to set up new leather units and upgrade to their existing facility to achieve higher revenues and gains.
The major markets for Indian raw Leather Belt Making Business and finished products are Germany, USA, UK, Italy, France, Hong Kong, Soan, Netherlands, China, Denmark, UAE, and Belgium. As per data procured from the Indian Ports custom department the foreign countries that have majorly bought the Indian leather belts in the last six months of 2017 were the USA, Bangladesh, and Pakistan.
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To manufacture leather belts, the requirements are:-
For a leather belt manufacturing unit to successfully operate, the following registrations and licenses are required:-
Since belt making does not involve any process of environmental pollution, no compliance certification is required against the same.
India is one of the major sourcing destinations for many international brands, some of the following social compliance and audits are a compulsory parameter for their suppliers to be able to work with these companies.
The Council of Leather Exports, India is an autonomous non-profit organization that works for the development of the leather industry in India and is responsible for making regulations and compliances for its member organizations. These policies are mandatory for its 3500 plus members to be followed under the Code of Conduct:-
Also, Read: Manufacturing Process of the Leather Belt Making in India.
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