With an aim to strengthening the leather sector in Uttar Pradesh, Union minister of state for Industries, CR Chaudhary annonced an investment of Rs 2,600 crore in leather and footwear sector in the next three years which would help in development of its basic infrastructure.
Addressing a session on ‘Opportunities of investments in leather and footwear sector in UP’ at the Investors’ Summit in lucknow on Thursday, Chaudhary said that concession in taxes and improvement in labour laws would motivate investors to go for large scale investments which in turn would create a competitive atmosphere.
“This special package would help in creating 3.24 lakh direct jobs and another 2 lakh indirect jobs,” he said.
The Union minister said that UP was a big leather market and cities like Kanpur and Agra were famous for leather manufacturing. “Saddles, shoes, leather jackets were some of the products which have a high demand at the global level,” he said.
Chaudhary lauded the role of Chief Minister Yogi Adityanath in maintaining law and order and giving a new direction to the state.
On his part, Yogi Adityanath said that the industry will work with the help of government and take it to a new high. He also assured his government’s support to industrialists in meeting their basic needs.
On this occasion, Principal Secretary (Export) Micro, Small and Medium industries Anil Kumar made a presentation. Joint Secretary (Government of India) Anil Aggrawal also spoke on the occasion.