India’s FY27 budget, along with the completion of the India-EU FTA and the recent cut in US import tariffs, collectively create a positive policy environment for India’s leather industry, according to CareEdge Ratings.
India emerges as the principal gainer, with tariffs falling sharply from around 17 per cent to nil in FY26, thereby enhancing its cost competitiveness and export potential, it observed.India’s FY27 budget, along with the completion of the India-EU FTA and the recent cut in US import tariffs, collectively create a positive policy environment for India’s leather industry, according to CareEdge Ratings.
India emerges as the principal gainer, with tariffs falling sharply from around 17 per cent to nil in FY26, thereby enhancing its cost competitiveness and export potential, it observed.
