Mega leather cluster to come up at Nellore in Andhra Pradesh
The central government will provide assistance of Rs 125 crores for the establishment of mega leather cluster
The Commerce Ministry has given approval to establishment of mega leather cluster at Kota Mandal, Nellore district, Andhra Pradesh (AP). “It gives me immense pleasure to inform you that proposal for establishment of mega leather cluster at Kota Mandal, Nellore district, Andhra Pradesh has been approved with a central government assistance of Rs 125 crores,” said Nirmala Sitharaman, Minister of Commerce & Industry, in a letter to AP Chief Minister.
The project sanctioned under Indian Leather Development program would create state of the art infrastructure for labour intensive units and is expected to generate employment for 20,000 people and leverage an investment of at least Rs 500 crores in the first phase itself.
The project sanctioned under Indian Leather Development program would create state of the art infrastructure for labour intensive units and is expected to generate employment for 20,000 people and leverage an investment of at least Rs 500 crores in the first phase itself.
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First Published: Jun 09 2016 | 1:46 PM IST