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Footwear & Leather Fair from Feb. 8

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Sri Lanka’s Premier Footwear & Leather Fair organized by the Sri Lanka Footwear & Leather Products Manufacturers Association in collaboration with the Ministry of Industries, Industrial Development Board and the Export Development Board, will be held from February 8 to 11 at BMICH. The theme of this year fair is “Made in Sri Lanka”

The fair will have about 215 stalls with the participation of suppliers of raw material accessories and machinery from China, India and Pakistan. The country’s approximate annual footwear requirement is in the range of 60 million pairs while the County’s current installed production capacity is also around 60 million pairs excluding rubber thongs. Thongs alone have reached about more than 25 million pairs. The value of this industry is around Rs 60 to 70 billion. The current local manufacturer’s share is in the range75% (45 million) and the balance 25% (15 million) is fulfilled by legal and illegal imports as well as assembled footwear. With the continuation of the safety net of CESS the industry has become a major foreign Exchange saving industry in the country. The country’s school shoes requirement of 4.5 million pairs is being produced by local manufacturers. Sri Lanka’s barefoot population has been eradicated by the introduction of Flip flops.

In the Leather Industry, apart from tanning, leather bags, small leather goods such as gloves, wallets, bags, purses, belts, key tags are also produced in the Leather Industry. All the leading producers & exporters of footwear & leather products of the island will be participating at the fair this year. Apart from the local producers the leading foreign suppliers of raw material, machinery, components accessories will be participating at this fair.

The first ever Footwear & Leather Fair was launched in 2007 by the EDB.

The post Footwear & Leather Fair from Feb. 8 appeared first on DailyNews.

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