INDIA ROUND-UP
June 1st, 2002
BY SWINEETHA DIAS WICKRAMANAYAKATHE INDIAN leather sector is receiving a major boost from its national government, both in terms of increased production support and export assistance. Industry players are hopeful of receiving IND Rupees 8 billion support under the country's 10th (five year) Plan. They anticipate that in the current fiscal year IND Rupees 200 million will be spent on a Tannery Modernisation Scheme, which will ultimately attract IND Rupees 3 billion under the plan.Lobbyists have been stressing to the central government that the footwear sector now ...
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