Chennai to get new footwear complex
The Indian government has approved plans to build a footwear complex and footwear component park in Chennai. The government will invest Rs140 million ($3 million) in the complex and Rs100 million in the component park. A Footwear Design and Development Institute (FDDI) is also being established in Chennai and is expected to be up and running by the 2010-11.
During the 10th five-year plan period the government has also approved proposals to establish a leather goods park in Kolkata, West Bengal, (Rs50 million) and a leather complex at Nellore in Andhra Pradesh (Rs290 million).