A Study on financial analysis of Indian leather exports

Indian leather industry is pacing at a good rate until hit by global slump in demand due to lower intake in China, Vietnam, Italy and Korea, that account for 65% of India’s exports. Indian leather exports is witnessing a shift from small scale units to big size manufacturing and exporting units as it is the demand of the hour.as part of the make in India program which consider leather as a core sector, all such initiatives need to check on the ground realities to bear any fruits. This study analyzes the export performance of Indian leather exports year by year to demonstrate the fluctuation of growth and analyze the reasons of slumps and growth of particular year by year. The paper analyzes and underline the causes of aberrant growth as well as give a detail view of year wise analysis by the means of statistical and financial formulas to give a clear picture of growth trajectory of Indian leather sectors