Centre sanctions ₹50-cr Ranipet zero-waste facility, shields footwear sector from West Asia shocks
DPIIT clears a ₹50-crore Zero Solid Waste Discharge plant at the Ranipet leather cluster to convert tannery solids into industrial salt, while an inter-ministerial group moves to cushion footwear exporters from West Asia conflict-driven freight and supply-chain disruptions. Backed by ₹271 crore across 5 clusters and 8 of 9 CETPs operational.
What happened
Indian Leather & Footwear Industry · Centre sanctions ₹50-crore Zero Solid Waste Discharge facility at Ranipet leather cluster to convert solid waste into
Key facts
- ₹50 crore
- ₹271 crore
- 8 of 9 CETPs
- 2,000 units
- 5 clusters
Why this matters
Cluster consolidation around CETP-compliant Ranipet creates a window to acquire smaller tannery and footwear units gaining sudden capex relief and export viability.
Also reported by
- The Hindu BusinessLine — 1h after first sighting