Lucknow
The Yogi government has prepared a “UP footwear policy” for the first time to promote footwear and leather industry. Under this policy, heavy discounts will be given on land, electricity and capital investment. Companies will get 30-50% capital subsidy on investment of up to 150-200 crores. In Bulandshahr and other districts, 35% discount will be given on land, 50% on electricity rates. The Machinery will have a partial withdrawal of GST and 200 new industrial clusters will develop.
More than 700 crores investment
CM Yogi suggested that if the training, research, production as well as training is integrated, this area can not only attract large-scale investment. The government aims to provide more than 10 lakh employment. More than 700 crore investment and UP is to be made a footwear manufacturing hub. Yogi has emphasized the need for the establishment of infrastructure facilities such as the flasted factory complex.
Special incentive should be given
CM Yogi said that under this policy, not only leather and non-lender footwear construction units should be promoted. He said that units related to machinery manufacturing, especially leather stitching, cuttings, molding and non-leather safety shoes should also be supported. The construction of heels, threads, tags, insole, laces, chemicals, labels should also be given special encouragement.
