“I do feel very, very satisfied that you are aspiring to grow to at least $10 billion by 2025, though this still gives you only a growth rate of about 15-17%. Whereas looking at the potential of all of you,… I think we can look at even more ambitious targets,” Goyal said.

He also appealed to the leather industry to be self-sufficient and not wait for Government schemes. He assured that the government will help the leather industry achieve the set goals by setting up BIS Standards laboratories in close proximity to leather clusters.

“Your industry has been at the forefront of innovation, high quality products, design, good recognition in export and world markets,” said Goyal.

Addressing the gathering, the Minister of State for Commerce & Industry, Anupriya Patel, assured the Leather Industry of the government’s support of their innovation endeavours.