Uttar Pradesh Approves Leather and Footwear Policy-2025
Category | Details |
---|---|
Policy Name | Uttar Pradesh Leather and Footwear Policy-2025 |
Objective | Increase production capacity, encourage exports, enhance global brand presence, and strengthen the state economy to make Uttar Pradesh an "enterprise state". |
Strategic Initiatives | Kanpur to play a central role; boost development in Agra, Kanpur, Unnao, Lucknow, and Bareilly. Promote private industrial parks with incentives like capital subsidy and 100% stamp duty exemption. |
Park Development | Parks must be developed within 5 years, with 25% of the land reserved for green and open areas. Minimum investment of Rs 150-200 crore per entity, generating 1,000 to 3,000 jobs per unit. |
Current Scenario | Uttar Pradesh holds 46% share in India's total leather exports. Agra is the footwear capital, and Kanpur is the global hub for safety footwear and leather goods. |
Importance | Aligns with Make in India and Local to Global initiatives, aiming to make Uttar Pradesh an industrial hub. |
Make in India | Launched in 2014, aims to boost manufacturing growth to 12-14% annually, create 100 million jobs by 2025, and increase manufacturing's GDP contribution to 25% by 2025. |