Opportunities and Challenges

 

Leather is a unique commodity that hyperlinks grassroots villages with excessive societies and traditional practices with rising technology. For many developing countries, leather and leather producers constitute an necessary and dependable supply for export alternate and foreign exchange profits. For Bangladesh, leather-based is a high precedence commercial area and footwear exports, an severe cognizance location. Bangladesh has, just few a long time given that Independence, made huge gains from the leather alternate, progressing from the status of an exporter of 90% plus uncooked hides and skins to that of an exporter and predominantly leather product manufacturer. However, there may be little systematic studies into this region. This look at is attempting to deal with the research hole by means of in search of to recognize the present day fame, troubles and prospect of leather-based industry in Bangladesh.[7]

It is notable that China, the world’s largest shoes producer, is now retreating from the global leather items marketplace. And Bangladesh is prepared with large potentials to draw foreign investments in the area. According to a report, China’s annual leather shoes production had dropped with the aid of five.29 in keeping with cent in 2012 and 7.Forty five per cent in 2013. While asked about the motives for China’s focus shift, Bangladesh Footwear and Footwear Accessories Association (BFFAA) stated labour cost in China has gone up. In effect the Bangladeshi producers are seeing brighter possibilities for the leather quarter after the readymade garment industry due to a policy shift in China, the arena’s largest economic system.[8]

Country’s leather enterprise is facing a number of issues. The tanneries of Hazaribagh location within the capital have no longer been fully shifted to Savar where beneficial conditions had been created as according to the criteria set by way of maximum customers. Technical expertise of the employees desires to be advanced to cope up with new challenges in this industry.[

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