Beginning from the second five years plan when industrial sector
was given prominence over the agricultural sector by the Planning
Commission of India, the growth of the industrial sector in the country
has been fabulous. Rapid progress of industrialization is opening up new
vistas for the prospective entrepreneurs and among one of the fastest
growing sectors is the leather product tenders.
Leather Industry Features
Most of the transactions these days
are carried out by means of tenders and the leather industry is no
exception to this common rule. Some of the features of the leather
industry in India are –
- Most of the major transactions in raw materials and finished products are carried out using the tendering process.
- Substantial opportunities are available for budding entrepreneurs.
- Grabbing such opportunities will largely depend on the skill levels and resources available with the bidder concerned.
- Shoe industry is the largest market for leather as raw material as well as finished products. It could be full shoes, half shoes, slippers, or any other for men, women, and children. In any case the market is huge and it offers great opportunities for prospective businessmen.
- One of the major sectors where leather is highly required is the sports arena where not only the footwear with metal toe caps and other events but also many other items like the balls and gears for sports are made of leather. For instance; cricket, hockey, and baseball requires leather balls, and so also football and such other games.
- Leather is extensively used for hunting, horse riding, biking, cycling, and such other adventurous sports for manufacturing protective gears.
- Leather is used for handbags, money purse, leather suitcases, vanity bags, and a host of other items like saddler, pouches, and brief cases and they are very popular in the market.
- Leather jackets and leather wears are popular in cooler countries and mountainous regions.
- A lot of leather items are used in machinery and machine parts, automobiles, and also in a host of other items. For instance; the filters in the automobiles are often made with porous leather.
Indian Leather Industry - Despite the oppositions from some sectors in the society who upheld the value of animal lives just as the human lives, the popularity of leather products have not dwindled. They are especially popular in India when used for belts, bags, vanity bags, money purses, and machinery parts. Increased emphasis on the planned development coupled with the policy of optimum utilization of raw materials offer substantial opportunities for budding entrepreneurs to respond to leather product tenders win them and flourish in business.
Best opportunities in Indian leather industry to bid for and win tenders are available in respect of footwear, garments, gloves, and finished goods. States where they are most popular includes Tamilnadu, Karnataka, Delhi, Maharashtra, Andhra Pradesh, West Bengal, and Uttar Pradesh.
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