Exports to triple in two years.
India now has a huge opportunity to export leather goods.
Many developed countries have outsourced their leather goods manufacturing to countries like China, Vietnam and India.
Over the past two years, leather goods manufacturing in China has shifted to India.
It seems that in the next three years, almost all multinational companies will shift 100 percent of their leather production from China to India.
About 70% of our leather goods exports are leather shoes.
These are mostly exported to European countries and USA.
Today our leather goods exports are valued at 5 billion dollars.
Tamil Nadu's contribution in this is two billion dollars.
Tamil Nadu's share in leather goods exports is expected to be high in the future.
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