Rs 26 billion special package likely for leather and footwear industry

The grant will generate 300,000 jobs, will be used will be for human resource development, setting up clusters, environment protection and export promotion, among others

A Rs 26 billion (Rs 2,600 crore) special package for the leather and footwear industry is expected to be announced in Chennai on Wednesday, by Union Minister for Commerce and Industry Suresh Prabhu.

Announcing the 33rd edition of India International Leather, which will kick start here tomorrow, Mukhtarul Amin, Chairman of the Fair, said, “Commerce Minister Suresh Prabhu will be launching the Rs 26 billion special package for the leather and footwear industry, while inaugurating the Fair tomorrow evening”.

The package would generate around 300,000 jobs, Amin claimed.

The Council for Leather Exports is working on various programmes to utilise