State of West Bengal to invest in Calcutta Leather Complex
The Indian state government has announced a 100-billion-rupee (1.2 billion USD) investment in the Calcutta Leather Complex, creating an additional 250,000 jobs, the local media reported
The state government of West Bengal has decided to inject around 100 billion rupees into the Calcutta Leather Complex. This investment, which will lead to the creation of 187 tanneries and 139 footwear units, will add 250,000 jobs to the existing 500,000, bringing the total employment to 750,000.
This announcement was made by the Chief adviser to the Chief Minister, Alapon Banerjee, following a review meeting led by Chief Minister Mamata Banerjee in mid-July. The state also plans to allocate 19 billion rupees (227 million US dollars) for infrastructure improvements and 4.75 billion rupees (56 million US dollars) for a drinking water project.
In addition, it has been reported that HIDCO (Housing Infrastructure Development Corporation) will develop a leather mall near the Alipore Museum to promote the marketing of leather products.
Image Credits: getbengal.com