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Potential of Contract Manufacturing in expanding Indian Leather Exports

Contract manufacturing companies possess advanced skills and have their own method of quality control which helps the brand in reducing the overall cost and focus on other essential areas of their business. Industry Experts helps in finding relevant contract manufacturers for leather garments, belts, shoes, and other travel accessories production for the companies that are looking for manufacturers.

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Potential of Contract Manufacturing in expanding Indian Leather Exports

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  1. PotentialofContractManufacturinginexpandingIndianLeatherExportsPotentialofContractManufacturinginexpandingIndianLeatherExports ManypeoplethinkthatthemajorbrandslikeLouisVuitton,Chanel,Gucci,Prada,ChristianDior,Fendietc.havereachedthisheightofsuccessby100%manufacturingandproducingtheirowngoods.Allthesebrandsarefamousfortheirleatherproductsbuthowmanyofusactuallyknowthatthekeyingredientintherecipeoftheirsuccesscouldbecontractmanufacturing? TheleatherindustryholdsasignificantplaceintheIndianeconomyandhasoneoftheyoungestworkforces.TheIndianleatherindustryisoneoftheoldestmanufacturingindustriesthathasbeencateringtotheglobalmarketsincethe19thcentury.Havingitsownrawmaterialsource,strongandeco-friendlytanningbase,advancedmanufacturingunits,skilledman-poweretc.hashelpedIndiabecomethe2ndlargestproduceroffootwearandleathergarmentsand5thlargestexporterofleathergoodsandaccessoriesintheworld.ManufacturingexpertshavestatedthattheIndianfootwearsectorhasthepotentialtoreachUS$80billionor8timesitspresentsizebytheendof2030.So,thecompaniesthatareworkingtirelesslytomakethismissionpossiblehavechosencontractmanufacturingasanultimatesolution. Contract manufacturing companiespossessadvancedskillsandhavetheirownmethodofqualitycontrolwhichhelpsthebrandinreducingtheoverallcostandfocusonotheressentialareasoftheirbusiness.ThesamehashelpedintheIndianleatherindustry’sgrowthwhichnowaccountsforaround12.93%oftheworld’sleatherproductionofhides/skin.Leatherisknownforsubstantialexportearningsanditisamongthetop10foreignexchangeearnersforthecountrywhichmakesitoneofthevibrantsectorsofthecountry’seconomy. IndustryExpertshelpsinfindingrelevantcontractmanufacturersforleathergarments,belts,shoes,andothertravelaccessoriesproductionforthecompaniesthatarelookingformanufacturers.Theportalhelpsinconnectingthebrandswithsuitablecontractmanufacturersaccordingtothebusinessneeds.

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