Fashion

Maharashtra licensed a large footwear and accessories park in Raigad, ET Retail




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Mumbai: Department of Industry and Internal Trade Promotion (Department of Planning and Investment) granted Maharashtra primary approval to establish Mega Animal skin Footwear And Accessory cluster park in Ratwad, located in Raigad district in Konkan.

The allocation of grants to such a cluster demonstrates Maharashtra’s growing strength in this sector and will continue to revolutionize the state’s leather industry, allowing the state to occupy a leading position in footwear exports. and apparel, the industry ministry said in a statement.

The 151-acre Mega Leather Shoes and Accessories Cluster Park is expected to serve as a hub for leather industry collaboration, innovation and development by integrating manufacturers, suppliers, designers and designers. and artists.

Maharashtra currently ranks 8th among the largest manufacturers and exporters of leather goods in the country. The Jawaharlal Nehru Port Trust (JNPT) alone contributes to 21% of the country’s leather exports, highlighting the important role the state plays in the industry. The labor-intensive nature of the leather industry and its significant multiplier effect make it a job creation catalyst, focused on benefiting the weaker sections of society. festival.

“Moreover, the leather industry has great potential to empower women and engage young people. The establishment of Mega Leather Accessories and Footwear Cluster Park in Raigad will mark an important milestone in its upward trajectory. economic growth of Maharashtra.This ambitious project will open up tremendous job opportunities, strengthen the leather industry ecosystem and promote the overall economic prosperity of the state,” the statement stated.

The ‘India Footwear Development Program (IFLDP)’ plan has a financial budget of INR 1,700 billion until March 31, 2026. As a sub-plan of the IFLDP, the ‘Accessory Cluster Development’ plan and large leather shoes’ (MLFACD) aims to develop Leather Industry clusters to integrate front- and back-end linkages and take advantage of economies of scale.

Maharashtra Industrial Development Corporation, on behalf of the state, has submitted a proposal to develop the 151-acre Mega Footwear and Accessories Cluster in Ratwad, Raigad District, under the MLFACD plan. The National Productivity Council (NPC) reviewed the proposal submitted by the state. Government of India will provide grants up to 125 Cr INR for this project.

MIDC is working with the Leather Export Council (CLE) and the Maharashtra Leather Industry Development Corporation (LIDCOM) in the state to conduct market research and stakeholder outreach to develop the leather cluster. The main highlight of the skin cluster includes its proximity to the Port of Dighi, widespread access to existing electricity, water and CETP infrastructure and industrial ecosystems. In addition, a logistics park is also proposed near the site that will allow for stronger connectivity and faster execution times.

“The establishment of Mega Leather Footwear and Accessories Park near Mumbai will provide a major boost to the state’s sustainable leather industry. With the JNPT port accounting for 21% of the country’s leather exports, the strategic location This strategy will reduce logistics costs and time, leading to improved export capabilities,” the statement added.

“This initiative reflects Maharashtra’s commitment to driving economic growth, boosting employment opportunities and driving the leather industry to the next level. Mega Footwear and Accessories Park in Ratwad will serves as a catalyst for the state’s continued success in the global leather market,” it added.

  • Published on June 30, 2023 at 02:07 pm IST

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