Union Commerce and Industry Minister Suresh Prabhu inaugurated the Footwear Design & Development Institute (FDDI) in Hyderabad on Thursday.
Speaking on the same, Prabhu said that a special package of Rs. 2600 crore has been given to upgrade infrastructure and boost job creation in the Leather and Footwear sector.
The Union Minster took to his Twitter handle to state, "Leather is one of most labour intensive, traditional industry, implementing Rs 2600 crores package for them. Footwear will be value added, labour intensive, exports oriented product. Launched new campus in #Hyderabad .Will train skilled designers for future."
FDDI was set up by the Ministry of commerce and industry in 1986 for the development and promotion and allied product industries.
This institute has the status of 'Institution of national importance' as per FDDI Act, 2017 and is providing trained Human Resource to the industry by conducting the long-term programs.
The establishment of the institute at Hyderabad will be an extension of centre in Chennai and will create new products and lifestyle accessories. It will be having a collaboration with renowned international fashion houses.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
