What is the leather industry's role in Bangladesh exports?
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The leather industry is a significant export sector for Bangladesh, producing finished leather, leather footwear, and leather goods. Bangladesh has a large supply of raw hides from its livestock population, especially during Eid-ul-Adha. The Savar Tannery Industrial Estate houses relocated tanneries from Hazaribagh. The industry faces challenges including environmental compliance, skilled labor shortages, and the need to move from raw leather exports to value-added products. Government financing like the Tk 2,000 crore deal supports this transition.