03-23-2008, 07:25 PM
<b>Leather processing: India, Ethiopia ink MoU</b>
Link
March 23, 2008
<i>Access to one of the best quality raw leather; Itâs a strategic sector; India can play a support role in capacity building</i>
<b>NEW DELHI: To help their respective leather sectors in order to increase share of global presence in terms of export earning and volume of leather products, India and Ethiopia made a significant achievement by signing an MoU at a parallel session on leather and leather processing during the 4th CII-EXIM BANK Conclave on India Africa project partnership 2008, here.
It is a much needed push for the Indian leather manufacturers as they would access one of the best quality raw leather from Ethiopia.</b>
Speaking on the occasion, Shyamal Gupta, chairman, CII, also a member of national committee on leather & leather products, said today âwe are delighted to have cooperation with Ethiopia.â He reiterated that time has come for the Indian leather industry to take a giant move not only in domestic market but also in the global market.
<b>For India, leather is a strategic sector which has greater scope for employment generation as it is labour intensive. Approximately 2.4 millions of people are at present engaged in the leather sector.</b>
Further, he pointed out that for Ethiopia also it is a much needed agreement as for long Ethiopia has been a raw leather exporting country which gives a very low percentage value to leather. Such hindrances have been faced by many countries of Africa, Mr Gupta said, emphasising that India can play a support role in capacity building, research and development and making African goods globally more valued and accepted.
Lemma, an Advisor from Ethiopia, while highlighting the overall growth strategy of the Ethiopian economy, said emphasis has been laid on the private sector as an engine of growth. Exports led industrialisation, greater use of local resources and strengthening of the labour intensive technology are some of the important issues.
Link
March 23, 2008
<i>Access to one of the best quality raw leather; Itâs a strategic sector; India can play a support role in capacity building</i>
<b>NEW DELHI: To help their respective leather sectors in order to increase share of global presence in terms of export earning and volume of leather products, India and Ethiopia made a significant achievement by signing an MoU at a parallel session on leather and leather processing during the 4th CII-EXIM BANK Conclave on India Africa project partnership 2008, here.
It is a much needed push for the Indian leather manufacturers as they would access one of the best quality raw leather from Ethiopia.</b>
Speaking on the occasion, Shyamal Gupta, chairman, CII, also a member of national committee on leather & leather products, said today âwe are delighted to have cooperation with Ethiopia.â He reiterated that time has come for the Indian leather industry to take a giant move not only in domestic market but also in the global market.
<b>For India, leather is a strategic sector which has greater scope for employment generation as it is labour intensive. Approximately 2.4 millions of people are at present engaged in the leather sector.</b>
Further, he pointed out that for Ethiopia also it is a much needed agreement as for long Ethiopia has been a raw leather exporting country which gives a very low percentage value to leather. Such hindrances have been faced by many countries of Africa, Mr Gupta said, emphasising that India can play a support role in capacity building, research and development and making African goods globally more valued and accepted.
Lemma, an Advisor from Ethiopia, while highlighting the overall growth strategy of the Ethiopian economy, said emphasis has been laid on the private sector as an engine of growth. Exports led industrialisation, greater use of local resources and strengthening of the labour intensive technology are some of the important issues.