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Four projects worth Rs 107 cr approved in Tamil Nadu for leather sector

Press Trust of India  |  New Delhi 

Four projects with a total outlay of Rs 107.33 crore in have been approved under the Indian Footwear Leather and Accessories Development Programme to facilitate upgradation of infrastructure in the sector.

"Major boost to leather industry in under the IFLADP. 4 projects with total outlay of Rs 107.33 crore now approved by the DIPP to facilitate upgradation of infrastructure, job creation and environmental sustainability," said in a tweet.

While the department of industrial policy and promotion (DIPP) has approved Rs 28.15 crore for Perundurai Leather Industries Eco Security at Erode, Rs 33.68 crore was allocated for upgradation of SIDCO Phase-1 (CETP) at Ranipet.

It has also approved Rs 11.01 crore for upgradation of Talco Trichy CETP. Rs 34.49 was given for upgradation of Pallavaram CETP at Nagalkeni Chrompet,

Further, the department has also given in-principle approval to a mega leather cluster at Bantala,

"The proposal envisages investment of about Rs 400-500 crore and expected to employment generation of around 7000," the DIPP said in a tweet.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 10 2018. 20:50 IST
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