|
Briefing
Leather exports rise by 20% in dollar terms
There had been a resurgence in India's leather exports last year, with the country regaining an export growth rate of over 20 per cent in dollar terms, the Director of Central Leather Research Institute (CLRI), Dr T Ramasami, said. The factors which had led to this upward trend were: tannery modernisation scheme and a national level action plan for pollution prevention, he added. Pointing out that the export value of leather and leather products had touched US $1163.30 million in the first six months of the current fiscal.Coffee stocks audit
The Association of Coffee Producing Countries (ACPC) will audit coffee stocks held under the retention plan, by mid-Feb this year. Under the plan, coffee producing countries will retain upto 20 per cent of their exports, as a stabilising measure to arrest the falling international prices of the commodity. Sources said that the decision was taken at a meeting of ACPC members . Audit of retained stock begins next month, with a Swiss company likely to conduct the first part of the audit. Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
|
