Italian delegation sign MoUs with Indian bodies

KANPUR: An Italian business delegation has signed MoUs with Indian organizations dealing in leather, jems and jewelry sectors during the Bengal Global Business Summit (BGBS) 2018 in Kolkata.

The MoUs were signed in the presence of Council for Leather Exports (CLE) chairman Mukhtarul Amin on January 17.

The CLE is an autonomous non-profit company registered under the Indian Companies Act, 1956 entrusted with export promotion activities and development of Indian leather industry with its zonal office in Kanpur.

The first MoU was signed between Italy-based Dassault Systems and Engineering Export Promotion Council (EEPC), CLE and Indian Chamber of Commerce and Gems and Jewelry Federation (GJF) for design support in their respective design centers.

The second MoU was signed between Italian Leather Research Institute Stazione Sperimentale Industria Pelli (SSIP), Calcutta Leather Complex tanners Association and CLE, for technology exchange and training.

Addressing the Italian delegates during the event ‘Country Session’, Amin highlighted the role of Indian leather industry in the global market and its salient features.

He told the members of the Italian delegation, who represented different industrial segments including leather, that the Indian leather industry was the perfect partner not only for sourcing but also for joint ventures, technical collaborations and investments.

Amin said India accounts for 13% of global finished leather production, producing 3 billion square feet of leather annually.