In a bold move to accelerate the growth of its leather and footwear sectors, the State Government has announced a major investment aimed at transforming the region into a global hub for leather goods and footwear production. The investment is focused on expanding manufacturing capabilities, enhancing export potential, and promoting innovation within the industry. The initiative aims to strengthen the state’s position as a key player in the global leather and footwear supply chain, attracting both domestic and foreign direct investment (FDI).
This investment will be directed toward the establishment of modern manufacturing facilities, advanced research and development centers, and the expansion of sustainability practices in production. The government has committed to providing incentives and support measures for manufacturers, including tax exemptions, subsidies for sustainable practices, and access to state-of-the-art infrastructure. The goal is to ensure that local manufacturers can meet the growing demand for eco-friendly and high-quality leather and footwear products in both domestic and international markets.
With this major investment, the state aims to create thousands of employment opportunities, particularly in skilled labor, research, and management roles, contributing to the economic growth of the region. The initiative also focuses on improving export quality, ensuring that the state remains competitive in global markets, especially in regions like Europe, North America, and Asia, where the demand for premium leather and footwear is rising.
The state’s commitment to the leather and footwear industry is a clear reflection of its vision to promote sustainable growth, technological advancements, and job creation, positioning it as a leader in global leather production.
