India: Kanpur leather traders fear drop in exports to foreign countries

leather works in Kanpur

Kanpur: The leather traders are in a big worry owing to a feared fall in exports of leather items to foreign countries.

It is mainly due to the reported emergence of Covid's new variant in the USA and China.

It has been reiterated by the traders that they are in anguish fearing a 40% drop in exports of leather products from this city.

The leather traders are noticing challenges in their business, and exports to countries, like China, America, United Arab Emirates, Iran, and Iraq as the trends in exports are decreasing.

Meanwhile, S Vaish, ex-national chief of the Indian Industries Association pointed out that the new virus of Corona has created such a spill that the leather exports have decreased to 40 to 45 percent on average.

Products like leather, leather bags, shoes, belt, and many more are exported to America, China, and Middle East countries.