Venezuela Crisis Hits Kanpur: Leather Exports Suffer as Latin American Trade Route Disrupts

• The Venezuela crisis, triggered by US actions, has severely impacted Kanpur's export business, particularly leather and safety shoes.
• Venezuela, though not a major direct recipient, served as a critical transit point for Indian goods to Toco, Brazil, and other Latin American countries.
• Disruption of this trade route has halted supplies of medicines, safety shoes, and leather, causing delays and questioning exporter credibility.
• Kanpur's leather industry, a major hub, faces stopped new orders and delayed old orders for markets like Brazil, slowing production.
• Exporters are under financial pressure due to rising raw material costs, delayed payments, and now the Venezuela crisis, with calls for government relief and new market exploration.

Why It Matters: Political instability in Venezuela has severely disrupted Kanpur's export trade, especially leather, via Latin American routes.