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analysisIBEFTuesday, 7 July 2026

Union Minister of Commerce and Industry Mr. Piyush Goyal calls upon leather and footwear industry to target at least US$ 15 billion in exports in next five to six years

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Union Minister Mr. Piyush Goyal urged India's leather and footwear industry to achieve US$ 15 billion in exports by leveraging FTAs, innovation, sustainability and global market expansion.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedTuesday, 7 July 2026
Affected Population63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
Rs 15,000 crore for Digital India initiatives
Key Authorities
Ministry of Commerce & IndustryDPIITDGFTMinistry of Electronics & ITTRAI
Key Stakeholders
ExportersImportersMSMEsInternet UsersTech CompaniesStartups
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Trade & Commerce121 tracked→Digital & Technology1199 tracked→Social Protection1061 tracked→
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