📷 Image: Wikimedia Commons / Original: Sachinghai09
Derivative work: Radomian
Business
Uttar Pradesh plans support for leather exporters amid tariff hikes and West Asia risks
✍️ Business Standard
🗓 03 Oct 2026, 12:32 PM
👁 12
The Uttar Pradesh government is considering policy measures to aid leather exporters confronting higher tariffs and market uncertainties in West Asia.
The Uttar Pradesh administration is reportedly evaluating a set of interventions aimed at bolstering the state’s leather export sector. Officials said the move comes as exporters face rising customs duties in key overseas markets and heightened geopolitical tensions that could disrupt trade routes in West Asia.
Industry sources have highlighted that several leather firms are grappling with reduced competitiveness due to tariff escalations imposed by importing countries. In response, the state government is said to be exploring options such as export‑linked subsidies, low‑interest credit facilities and assistance in diversifying to alternative markets.
The proposed measures are expected to be discussed in an upcoming meeting of the state’s industrial development board, where representatives from the leather cluster will present their concerns. If approved, the support package could provide short‑term relief while longer‑term strategies for market diversification are formulated.
Industry sources have highlighted that several leather firms are grappling with reduced competitiveness due to tariff escalations imposed by importing countries. In response, the state government is said to be exploring options such as export‑linked subsidies, low‑interest credit facilities and assistance in diversifying to alternative markets.
The proposed measures are expected to be discussed in an upcoming meeting of the state’s industrial development board, where representatives from the leather cluster will present their concerns. If approved, the support package could provide short‑term relief while longer‑term strategies for market diversification are formulated.