In a groundbreaking move, Pakistan and China are joining forces to propel the Pakistani leather industry to unprecedented heights. This dynamic collaboration will give rise to state-of-the-art manufacturing plants, tanneries, and R&D centers, all geared towards innovative leather products.
The Association of Guangdong Shoe Manufacturers has already shown keen interest, visiting Pakistan in June to explore relocation opportunities. These companies are ready to invest a staggering USD 5-8 billion in the local industry, paving the way for a transformative era in the leather sector.
Despite being a significant export-oriented sector, Pakistan’s leather industry has faced formidable challenges in recent times. The country has witnessed a decline in leather exports, a trend that highlights the need for revitalization. China, the world’s largest producer and exporter of leather products, offers a synergistic partnership, combining its production prowess with Pakistan’s high-quality leather and competitive labor costs.
This collaboration is poised to energize the growth of leather-related SMEs in Pakistan, presenting opportunities for modernization, technological upgrades, and access to the vast Chinese market. As the leather industry propels forward, Pakistan can expect a significant boost in sales and a strengthened market presence, cementing its position as a key player in the global leather trade.
