Footwear ManufacturingTKT-7188
India tells leather and footwear sector to hit $15bn exports
Commerce Minister Piyush Goyal has told India's leather and footwear industry to target at least USD 15 billion in exports within five to six years.
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- October 10, 2026
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Minister Piyush Goyal set an export target of at least USD 15 billion for India's leather and footwear industry.
The target horizon is five to six years.
The call covers tanneries, footwear makers and leather goods producers across India's export base.
India's Commerce and Industry Minister Piyush Goyal has called on the country's leather and footwear industry to target at least USD 15 billion in exports within the next five to six years.
The minister issued the call in remarks directed at manufacturers and exporters across the leather value chain — tanneries, footwear makers and leather goods producers — that together form one of India's established sourcing categories for international buyers.
What is the target?
Goyal set the bar at a minimum of USD 15 billion in export value, to be achieved over a five-to-six-year horizon. The figure functions as a policy-level benchmark for the sector rather than a binding commitment on individual exporters.
The minister framed the target as an aspiration for the industry to organise itself around, pressing producers and export bodies to scale capacity and output toward the mark.
Who does this concern?
The call applies to India's leather and footwear manufacturing base, a tier-one and tier-two sourcing segment supplying finished footwear, leather goods and materials to overseas brands and retailers.
For sourcing teams, the significance lies in the signal it sends: the Commerce Ministry wants India's leather and footwear supply base to expand output and export volumes materially over the coming half-decade.
What decision does it force?
No new law, tariff line or compliance requirement accompanies the statement. It is a ministerial target, not a regulation.
For buyers sourcing footwear and leather goods from the region, the practical question is whether Indian suppliers can translate the USD 15 billion ambition into concrete capacity investment, order-ready volumes and reliable lead times. Sourcing heads assessing India against competing origins — Vietnam, Bangladesh, Indonesia — will want evidence of factory-level expansion before shifting order books.
For Indian exporters, the target sets a yardstick: firms that align their own capacity plans with the national export goal are more likely to benefit from whatever policy support follows.
via Google News: Footwear manufacturing (Source)
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Staff writer covering consumer brands and retail at Softgoods Report.
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