Leather exports to increase by 10% by 2022
  • IR
  • IR
  • IR
Leather exports to increase by 10% by 2022

Ministry of State for commerce and Industry CR Chaudhry said “Leather exports and production are expected to increase by 10 per cent by 2019, Minister of State for Commerce and Industry. We are expecting that by 2019, leather exports and production would increase by 10 per cent.  The government is taking steps to improve business environment for the sector as part of the exercise to push growth. All Footwear Design and Development Institutes (FDDIs) would become institutes of national importance from today. The exports of leather goods are linked to demand in developed regions like Europe. The FDDI Act, which was approved by Parliament, will be implemented from today. FDDIs will be able to give degrees, diplomas and certificates and they would also formulate their course and curriculum.

The approval of the FDDI Act by Parliament in July had ended the uncertainty among the students who were not sure whether they would get degree from the institute.

The controversy with regard to the institute dates back to 2015, when the UGC, in September 2014, raised questions against the MoU between FDDI and Mewar University for grant of degree to FDDI students registered for the years 2012, 2013 and 2014 in light of the AICTEs non-recognition of these degrees.

 
Stay on top – Get the daily news from Indian Retailer in your inbox
Also Worth Reading