Leather industry demands revision of incentives Exports of Leather & Leather Garments Exports of leather during the last five years showed an average annual increase of 21.6 per cent up from Rs. 2,385.1 million in 1984-85 to Rs. 6093.6 million in 1989-90. The share of leather in the total exports of leather and leather products was 46.0 in 1984-85. This share increased to 59.2 per cent in 1989-90. Pakistan will have to make an effort to increase value-added products like shoes, gloves, leather jackets and leather goods and ultimately completely stopping the export of leather. (Rs. in (%) Year million)increase 1984-85 2,385.1 1986-87 ... Leather industry, including leather products, is the second largest export earning sector after textiles. Currently, this sector is contributing around $700 million a year but has the potential to multiply volume of exports with the improvement of quality and diversification in different range of products, specially garments and footwear. Basically, it is a job-oriented sector providing employment to a very large segment of the society besides earning foreign exchange for the country. Currently, leather sector is contributing significantly to the national exports. For the current financial year ending June, 2003, the total export earnings from Leather and Leather products are estimated to earn $670 million. This estimate is 5 percent less than the actual target of $704 million set for 2002-2003. The export receipts in this sector were either stagnant or declining due to the spread of foot and mouth disease in Europe during 1997-2001. During financial 2002, export earnings from this group amounted to $671.7 million registering a 3.1 percent decline over financial year 2 ...