According to export figures, India ranks second only to China in the export of leather garments, third in the export of saddles and harnesses, and fourth in the export of leather goods. The garment sector has a share of 7%.
Over 95% of the production units in this sector are Micro, Small and Medium Enterprises (MSME) units. Businesses capitalise on this need by offering leather notebooks, wallets, shoes, and purses among other products as the second-largest exporter of leather apparel.
Leather goods are still one of India’s most popular exports, notwithstanding COVID-19’s negative effects on this sector.
Herbal Products
According to government’s data, India exported ayush and herbal products finland phone number list totalling $1,240.6 million between 2021 and 2023.
cosmetics, and medicinal plants. These products are exported in various dosage forms, including tablets, powder, gel, ghee, paste, pills, eyedrops, nasal drops, body lotions, and skin and hair care products.
The most popular exports from India in this category are herbal-based beauty items, cosmetics, and medicinal plants.
The National Medicinal Plants Board (NMPB) was established by the government to provide subsidies for the export of medicinal plants, and export promotion committees have been established specifically for this product category.
The industry plays a crucial role in India’s growing economy, contributing over 7% to the country’s total GDP. Additionally, it represents 15.71% of India’s total merchandise exports, making it the third-largest contributor. This sector significantly contributes to foreign exchange earnings.
The most popular exports from India in this category are herbal-based beauty items
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