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Anand Sharma calls for diversification of new markets for Indian leather sector | Union Commerce and Industry Minister Anand Sharma on Tuesday said that it would be crucial for the leather industries to diversify into new markets while carving out a greater position in the existing markets. Sharma said this
while meeting a delegation from Footwear design and Development Institute (FDDI),
led by its Chairman Rafeeque Ahmed in the national capital. He also said that
the leather industry has to focus more on higher unit value realization in line
with the creation of an India brand consciousness. While appreciating the performance
of FDDI, Sharma emphasized that the institutes providing technical training are
crucial not only for the growth of the industry, but also for providing employment
opportunities and expressed confidence that FDDI would fulfill this responsibility.
The Minister also underlined that the Government is committed towards the integrated
development of leather sector, which has tremendous potential for growth and high
impact on social equity. “To give thrust to the sector an allocation of Rs. 1300
crores has been made for the leather sector during the XI Plan. Our various programmes,
interventions and trade policies are targeted towards the sustainable development
of the leather industry,” Sharma said. Department of Industrial Policy and Promotion
has initiated a major initiative during the 11th Five Year Plan (2007-12) under
“Indian Leather Development Programme” (ILDP) with an outlay of Rs. 1300 crore
for overall development of the leather sector by augmenting raw material base,
enhancing capacity, addressing environmental concerns, human resource development,
infrastructure development, attracting investment and global marketing of Indian
Leather. Sub-schemes with an outlay of Rs. 1237.52 crores under ILDP have been
approved and are at various stages of implementation. For addressing the issue
of shortage of manpower for the leather industry, human resource development programmes
has been identified as an important initiative during the 11th Five Year Plan
period and the Central Government has approved sub-schemes with outlay of Rs.
442.09 crores under ILDP out of total approved outlay of Rs. 1237.52 crores for
this purpose. |
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