Kanpur: The leather industry is in dire straits again, fearing a 40% drop in exports because of Covid in China and America. Due to the effect of the new variant of Covid in China, and other countries, the leather traders of Kanpur are witnessing challenges for their business, and exports to other countries, including China, America, United Arab Emirates, Iran and Iraq are decreasing.
Industry experts said, "At the beginning of 2022, the business had picked up the pace for a few months, but since August, the orders are continuously decreasing. Now, the markets in America and other countries are on the verge of recovery, in such a scenario, entrepreneurs are likely to get relief in the coming few months."