![]() (i) Sustainable Technology and Environmental Promotion (proposed outlay INR 500 crore):- Special Purpose Vehicle constituted for each CETP would be provided assistance 80% of the total project cost for Northeastern Areas with industry’s/beneficiary share to be 20% of the project cost and 70% of the total project cost for other areas with industry’s/beneficiary share to be 30% of the project cost with a limit of INR 200 crore. The following sub-schemes have been approved under IFLDP during 2021-26:. Indian Footwear and Leather Development Programme(IFLDP) aims at development of infrastructure for the leather sector, address environmental concerns specific to the leather sector, facilitate additional investments, employment generation and increase in production. The Non-leather footwear market is an upcoming segment in India and has contributed approximately 90% of the total footwear market in 2021 with a market size of $ 4.3 bn which is expected to increase to $ 6 Bn in 2024. In terms of volume, India is expected to product almost 3 bn units by 2024 and is expected to grow at 8% CAGR. The per capita footwear consumption in India is estimated to have grown from 1.7 pairs in 2016 to 2.3 pairs in 2021. The country accounts for 9% of the world’s footwear production and is the second largest footwear producer and consumer in the world.įor every 1,000 pairs produced and sold in India per day, the sector has the potential to create 425 jobs spanning manufacturing, allied industries, and retail. The major markets for Indian Leather & Footwear Products are USA, Germany, U.K, Italy, France, Spain, Netherlands, U.A.E, China, Hong Kong, Belgium, and Poland. ![]() The Leather industry in India has one of the youngest workforces with 55% of the workforce below 35 years of age. ![]() Women employment is predominant in Leather products industry with about 30% share. The Leather industry is an employment intensive industry providing job to more than 4 million people, mostly from the weaker sections of the society. India has an abundance of raw materials with access to 20% of world’s cattle and buffalo and 11% of the world’s goat and sheep population. The industry is known for its consistency in high export earnings and it is among the top ten foreign exchange earners for the country. The Leather industry in India accounts for around 13% of the world’s leather production of hides/skins and handles a robust annual production of about 3 bn sq. If there are any concerns regarding the accuracy of the information presented within the translated versions of our site, please refer back to the official English language website. By using Google Translate, you understand and agree to this disclaimer. We shall not be liable for any inaccuracies or errors in the translation and shall not accept liability for any loss, damage, or other problem, including without limitation, indirect or consequential loss or damage arising from or in connection with use of the Google Translate Service. Viewers who rely on information through Google Translate on our website do so at their own risk. We can only verify the validity and accuracy of the information provided in English. We do not make any promises, assurances, or guarantees as to the accuracy, reliability, or timeliness of the translations provided. We do not own, manage or control any aspect of Google Translate and are not responsible for the translations provided by Google Translate. ![]() We provide this link to Google Translate as a courtesy to visitors. ![]() Please see our disclaimer at the bottom of this page. However, please be aware that, since translations are done by machine, they may not always be perfect. By providing these translations, we hope to make essential information available to a diverse range of investors. Google Translate – an automatic translation service that uses state-of-the-art technology, not human translators, to translate text – provides instant translations in different languages. ![]()
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