|
Project Category : Sagarmala - Port Led Development
Project Proponent : Sagarmala Development Company(SDC)/ Ministry of Commerce and DIPP
Project Objectives : The project proposes the development of a USD 4 billion leather and footwear cluster in Kolkata/Bantala which can result in addition of 2 lac new jobs and INR 20kCrore earnings of foreign exchange
Project Type : PPP
Tentative Cost Estimates : INR 300 Crore for supporting infrastructure and —INR 1500 Crore for land (USD 46.15 million and USD 230.77 million)
Project Details :
The leather industry is one of the major foreign exchange earners to the country. India exported around USD 6bn of leather and associated products in 2014. The exports have grown at a rapid pace achieving annual growth of around 9 per cent over last 4 years. India has 3 key leather clusters with significant export volumes-Tamil Nadu,
Uttar Pradesh and West Bengal. USA—with 13.3 per cent share, Germany (12.8 per cent), UK (12.5 per cent), Italy (8.4 per cent) and Hong Kong (7.4 per cent) were the top five destinations for Indian leather produce.
At 42 per cent, footwear forms the largest share of leather and leather products exports from India. India has grown tremendously from being a raw leather exporter to becoming a supplier of high value added products in the last few decades. To increase the export competitiveness of Indian manufactured leather and leather products, building leather cluster near ports would reduce the transportation costs involved in product exports. Input water for desalination process can also be taken directly from the sea.
Kolkata/Bantala is a potential location for development of leather cluster. Leather complex at Bantala near Kolkata can also be connected to Haldia port and exports from Northern India and West Bengal can be clubbed to gain from economies of scale.
Project Status : Concept/Pre-feasibility prepared
Total Land Requirement : 1800 acres (728.42 Ha)
Note: Please Download Project Document attached with this Project for more Information.
|
