The correct answer is: A) Leather
Karnataka is the largest producer of leather in India, accounting for about 25% of the country’s total production. The state has a well-developed leather industry, with a number of tanneries and leather processing units. The leather industry in Karnataka is export-oriented, with about 70% of the state’s production being exported to countries such as the United States, the European Union, and China.
The leather industry in Karnataka is a major source of employment, providing jobs to over 1 million people. The industry is also a major contributor to the state’s economy, generating about $2 billion in annual revenue.
The leather industry in Karnataka is facing a number of challenges, including competition from other countries, rising costs of raw materials, and environmental pollution. However, the industry is also making efforts to address these challenges and remain competitive.
The following are some of the reasons why leather has high export potential from Karnataka:
- Karnataka is the largest producer of leather in India.
- The state has a well-developed leather industry, with a number of tanneries and leather processing units.
- The leather industry in Karnataka is export-oriented, with about 70% of the state’s production being exported to countries such as the United States, the European Union, and China.
- The leather industry in Karnataka is a major source of employment, providing jobs to over 1 million people.
- The industry is also a major contributor to the state’s economy, generating about $2 billion in annual revenue.
The following are some of the challenges that the leather industry in Karnataka is facing:
- Competition from other countries.
- Rising costs of raw materials.
- Environmental pollution.
Despite these challenges, the leather industry in Karnataka is making efforts to address them and remain competitive.