The Mega Leather, Footwear, and Accessories Cluster (MLFAC) Industrial Park at Panapakkam SIPCOT in Ranipet District, Tamil Nadu, encompasses several key features:
Strategic Location:
- Situated approximately 100 kilometers from Chennai, the park offers access to major ports and airports, essential for export-oriented industries.
- Proximity to existing leather clusters in Ambur, Vaniyambadi, and Vellore facilitates synergy among industries.
Infrastructure and Investment:
- Developed over 250 acres with an investment of ₹400 crore, the park provides state-of-the-art facilities, including well-laid roads, reliable power supply, water resources, and waste management systems, to support diverse industrial operations.
Sectoral Focus:
- Dedicated to the leather, footwear, and accessories sectors, the park aims to attract both domestic and international manufacturers.
- Encourages the establishment of ancillary units producing components like soles, heels, and synthetic materials, reducing dependency on imports.
Economic Impact:
- Projected to generate employment opportunities for over 20,000 individuals, with a significant focus on empowering women.
- Expected to enhance the region’s economic development by attracting investments and boosting exports.
Environmental Considerations:
- Emphasis on sustainable industrial practices, including effluent treatment and waste management, to minimize environmental impact.
Government Support and Policies:
- Aligned with the Tamil Nadu Footwear and Leather Products Policy 2022, which aims 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 is a significant initiative to bolster the leather and footwear sectors in Tamil Nadu, offering modern infrastructure, strategic location advantages, and substantial economic and employment benefits.
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