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Cabinet Note Ready for Footwear and Leather PLI Scheme
Financial Express Bengaluru
|March 24, 2025
Allocation will be around ₹2,600 crore
THE PRODUCTION LINKED incentive (PLI) scheme for the leather and footwear sector is in the draft Cabinet note stage, the government has informed the standing committee on commerce.
There have been discussions for some time to extend the scheme to the leather and footwear sector. The allocation for it will be around ₹2,600 crore as per Budget documents.
The FY26 Budget also announced a focus product scheme for leather and footwear.
The scheme will also support design, capacity, component manufacturing and machinery required for production of non-leather quality footwear. It is expected to facilitate employment for 2.2 million persons, generate turnover of ₹4 lakh crore and exports of over ₹1.1 lakh crore.
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