With key export markets showing only subdued recovery during major part of

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leather exports saw nine per cent fall in dollar terms and 3.5 per cent fall in
Govt draft shifts
export priorities rupee terms during the financial year 2009-10, when compared with the
Indian pharma previous year. For the period April 2009-March 2010, exports of leather and
exports to grow by 20% to Rs leather products was down by 8.99 per cent at $3,289.94 million as against
50,000 crore
Hyundai Motor India $3,614.89 million in the previous fiscal. In rupee terms, exports stood at Rs
exports five lakh Santro cars 15,600 crore for FY2010, as against Rs 16,173 crore in the previous year, a
Exports growth to statement from council for leather exports (CLE) quoting DGCI & S (directorate
ride on high value products
Exports in Jan up by general of commercial intelligence & statistics) said. “In the previous fiscal, most
32.5%; to touch $220b in of the period was still hit by the impact of economic downturn. However, the
2010-11
past few months have been showing significant improvement in demand. The
rising input material cost and appreciating rupee against dollar are worrying factors as it would erode the margins
of exporters,” Ali Ahmed Khan, executive director, CLE told Financial Chronicle. Barring leather garments, all
other segments such as finished leather, footwear, components, leather goods, saddlery and harness reported
decline in exports for the fiscal 2009-10. Footwear, which holds major share in India’s leather exports, saw 6.20
per cent decline at $1,163.12 million for the year 2009-10 when compared with $1,240 million in the previous
financial year. Leather goods exports registered 13.22 per cent per cent drop at $760.56 million when compared
with $876.45 million.