News

India announces scheme for development of leather sector

30/06/2005

India’s Cabinet Committee on Economic Affairs (CCEA) has decided to implement an Rs.2,900,000,000 ($66.6 million) scheme for Integrated Development of the Leather Sector (IDLS) in its tenth five-year plan period.


The funds allotted to the scheme will be invested in updating technology and modernising existing tanneries and units for footwear components and leather products. It is hoped that this will result in a rise in productivity, balancing production capacity, a reduction in costs and superior products through design development.

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