Home breadcru News breadcru Accessories breadcru India approves setting up mega leather cluster in Kolkata

India approves setting up mega leather cluster in Kolkata

11 Nov '19
1 min read
Pic: Shutterstock
Pic: Shutterstock

The department for promotion of industry and internal trade (DPIIT) last month approved the Mega Leather Footwear and Accessories Cluster (MLFAC) project at Bantala in Kolkata at a cost of ₹178.84 crore, out of which DPIIT’s share will be ₹89.42 crore. About 100 units are reportedly interested in setting up units there and about ₹2,000-2,500 crore will be invested.

DPIIT under secretary (leather section) Dayanidhi Joshi’s letter on the approval was received by the secretary of West Bengal’s department of micro, small and medium enterprises (MSME) and textiles, according to Indian media reports.

Imran Ahmed Khan, general secretary of the Calcutta Leather Complex Tanners Association (CLCTA) said the Kolkata Metropolitan Development Authority (KMDA) , the nodal agency for the project, will now set up basic infrastructure and common facilities. It will take two to three years for production to commence, he said.

The cluster will generate employment for 60,000-70,000, Khan claimed.

ALCHEMPro News Desk (DS)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!