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Govt approves mega leather cluster in Nellore
10
Jun '16
The Union government has approved establishment of a mega leather cluster at Kota Mandal in Nellore district of Andhra Pradesh. The government has also announced Rs 125 crore assistance for the cluster.
 
“It gives me immense pleasure to inform you that proposal for establishment of mega leather cluster at Kota Mandal, Nellore district, Andhra Pradesh has been approved with a central government assistance of Rs 125 crore,” commerce and industry minister Nirmala Sitharaman said in a letter to Andhra Pradesh chief minister N Chandra Babu Naidu.
 
Sitharaman requested the chief minister to complete due process related to award of contract etc, so that the Central government could release the funds to start the project as soon as possible. 
 
The project sanctioned under Indian Leather Development programme is expected to leverage an investment of at least Rs 500 crore in the first phase itself. 
 
The cluster would create state-of-the-art infrastructure for labour intensive units and is expected to generate employment for 20,000 people. (RKS)
 

Fibre2Fashion News Desk – India


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