New Delhi: India's leather exports grew 30 percent year-on-year to about USD 380 million in September, thanks to the growing demand from new markets in Latin America and the Middle-East.
"We are getting a good response from these markets," a Council for Leather Exports (CLE) official said.
He said, however, that the demand is weak in western markets like the US and Europe.
America and Europe account for about 80 percent of the country's total leather exports.
Leather garments topped the chart with a 55 percent growth, followed by footwear components - 36 percent, leather goods - 28 percent and finished leather - 18 percent.
During the April-September period of 2011-12 fiscal, leather exports have grown 27 per cent to USD 2.3 billion, compared to the same period last fiscal.
CLE had set the export target of USD 4 billion for the fiscal. During 2010-11, leather exports had grown 13 percent to USD 3.8 billion, compared to the previous year.