PIB | 03 Jan, 2023
Union Minister of Commerce and Industry Piyush Goyal
today said India has the potential to become a world leader in Footwear
and leather sector with the efforts of both government and industry.
He
was addressing the gathering at the Council for Leather Exports
National Export Excellence Award function in New Delhi on Tuesday.
In
his address to the awardees, Goyal asked the organisers to explore
the possibility of encouraging new companies, entrepreneurs, startups
and those who come up with innovative ideas, enter into uncharted
territory with newer markets and products, by recognizing them through
these awards. He suggested some niche award segments can be created for
recognizing their contribution- such as rewarding those who make
effective use of FTAs etc.
The
Minister said as we celebrate Azadi Ka Amrit Mahotsav, we hope to
achieve higher exports than last year - both in goods and services. He
said while most of the developed world, who are large consumers of
leather products, are going through inflation and subdued consumer
spending, he was happy to get reassurance from Leather sector that it
would see higher growth compared to last year.
Goyal asked the leather industry to utilize the FTAs being signed by
India with various countries to grow. He cited the example of UAE, where
exports in the sector registered a jump of 64 percent in November last
year as a result of the new agreement.
Goyal noted the concerns of the Leather Industry about import duties on
certain types of Leather and assured that it will be taken up for
consideration. He also urged the industry stakeholders to avail MOOWR
scheme by Department of Revenue, wherein no duty is to be paid on goods
which are being imported for the purpose for exports. '
This will
certainly help make business more competitive, he added.
The
Minister emphasised that Indian Industry has huge untapped potential.
He noted that while the Quality of Products manufactured is good, more
focus is required on packaging and branding to get better value for the
product.
Indian Mission across the world can help in providing support
in terms of outreach and can help connect them with international
companies engaged in branding business.
He
encouraged the industry to aspire to set new goals, especially as India
is entering into Amrit Kaal, that aims at inclusive growth and bringing
prosperity to each and every citizen of India.
The Minister said we are
trying to enter into more FTA with other developed nations of the world.
He urged the Leather and footwear industry to aim for significant
increases over the next 25 years and draw up a plan to achieve those
goals. He asked them to look up at expanding horizons- explore new
territories, manufacturing new products in india for import
substitution.
Goyal reassured that the Government is open to amending any standards
which are hurting the interests of the Industry. He also assured full
support in terms of setting up testing facilities/ laboratories anywhere
in the country to meet the needs of the industry.
He said the
Government is willing to engage with the Industry on ease of doing
business and asked them to give ideas on how to bring improvement in
different areas where industry faces difficulty in business. He asked
them to give suggestions on how to increase compliance, how to simplify
laws, and which laws/ provisions can be decriminalized.
Goyal informed that the Government is working on formulating a new
scheme to support manufacturing of machinery required in the industry.
He asked the industry to take advantage of all the schemes of the
government.
He
asked the industry to look at innovation and sustainability in their
products. He also called for new collaborations with international
companies to bring high quality products into India.
The Minister spoke
about a few areas of immense potential such as Kolhapuri Chappals and
asked young entrepreneurs to go beyond the routine and explore new
designs/ branding in this area.