Goyal made these remarks while addressing an event of the Council for Leather Exports (CLE). He said that he feels "very satisfied" that the leather industry is aiming to grow at least $10 billion by 2025, though it provides only a growth rate of about 15-17 per cent.
The minister also said that the industry has the potential to aim for even higher targets.
'Kolhapuri Chappals' alone can achieve $1 billion of exports target,
according to Goyal.
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Besides, he appealed to the leather industry to be 'Aatmanirbhar' (self-reliant), and not wait for the Centre to roll out schemes, allot land at subsidised rates, or come out with a PLI scheme.
"All of these things, in my humble view, will hold back your progress," he said.
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He also assured all help from the Centre to the leather industry for achieving the goals by setting up 'BIS Standards laboratories' in close proximity to the leather clusters.