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Union Budget 2025: Leather Exports Set to Surge

Tamil Nadu’s leather industry, which produces 38% of India’s leather goods, is celebrating the removal of duties announced in the Union Budget.


Key Announcements:

Wet Blue leather – Exempted from basic customs duty.

 Crust leather – 20% export duty removed.


Impact:

 Exports expected to grow from ?3,000 crore to ?8,000 crore.

 Tamil Nadu to claim nearly 40% of this growth.

Boost for Footwear & Leather Industry:

The Focus Product Scheme aims to enhance productivity, quality, and competitiveness in leather and non-leather footwear. This will:

 Support design, component manufacturing, and machinery.

 Generate 22 lakh jobs.

Achieve a turnover of ?4 lakh crore with exports of ?1.1 lakh crore.

Tamil Nadu: A Global Footwear Hub

 Home to giants like Nike, Puma, Adidas.

Expansion of non-leather footwear hubs in Ranipet & Perambalur.

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