INDIA: Saudi Ban And PETA Action Hit Leather Trade
Two recent developments could signal the end for Indian manufacturers of leather hide, apparel and footwear: the Saudi ban on beef from Iran, India and Taiwan; and the imminent lifting of a moratorium on the ban imposed by PETA (People for the Ethical Treatment of Animals). India exports US$1.7bn worth of leather goods annually, including shoes, apparel, raw hide and leather accessories such as belts. While the country's share in world leather trade is only 2.25 per cent, the industry provides employment to two million persons. It is led by the Council of Leather Exports (CLE), a semi-government body.
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