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What is the total area covered by the MLFAC Industrial Park?

What is the total area covered by the MLFAC Industrial Park?

The Mega Leather, Footwear, and Accessories Cluster (MLFAC) Industrial Park at Panapakkam SIPCOT in Ranipet District, Tamil Nadu, spans approximately 250 acres. This development, initiated in July 2022 with an investment of ₹400 crore, aims to position Tamil Nadu as a leading hub for leather and footwear manufacturing and exports.

Strategically located about 100 kilometers from Chennai, the park benefits from its proximity to existing leather clusters in Ambur, Vaniyambadi, and Vellore, facilitating industry synergy. The park has state-of-the-art facilities to support diverse industrial operations, including well-laid roads, reliable power supply, water resources, and waste management systems.

The MLFAC Industrial Park is projected to generate employment opportunities for over 20,000 individuals, with a significant focus on empowering women. It is expected to enhance the region’s economic development by attracting investments and boosting exports.

The Tamil Nadu government has introduced the Tamil Nadu Footwear and Leather Products Policy 2022, aiming to attract ₹20,000 crore in investments in the leather sector by 2025 and create employment opportunities for 2 lakh people. The policy offers incentives and support for industries setting up operations within the park, fostering a conducive environment for business growth.

In summary, the MLFAC Industrial Park at Panapakkam SIPCOT covers an area of approximately 250 acres and is a significant initiative to bolster the leather and footwear sectors in Tamil Nadu.

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