December 2, 2022

PLI scheme probably for leather-based, footwear, with decrease bar

India’s annual export of finished leather, leather products and footwear is expected to cross $ 5 billion in 2022-23.

PLI scheme likely for leather footwear with lower bar

The Centre is prone to quickly finalise a proposal to increase the Manufacturing Linked Incentive (scheme) for leather-based and footwear, a extremely labour-intensive sector, to advertise manufacturing and employment era in each giant and small cities throughout the nation.

“The leather-based and footwear sectors, which have nice potential for development each within the home and world markets, weren’t included amongst the primary 13 sectors which received coated below the PLI scheme. However following representations…

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