Footwear & Leather Products SEZ Park, Chennai
State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) is promoting a Footwear SEZ Park as part of the Indian Leather Development Programme (ILDP). The Park is being established at SIPCOT Industrial Park at Irungattukottai, located at a distance of about 34 kms from Chennai. This Park is adjacent to the Footwear Component Park. The total area of the SEZ Park is 153.65 acres. Out of this, 100 acres is for allotment to the investors for setting up of their manufacturing units.
SIPCOT informed the Council of Leather Exports (CLE) that the Footwear SEZ Park has been changed to Footwear and Leather Products SEZ Park. Thus, interested entrepreneurs can set up units in the Park to produce footwear as well as leather products such as leather garments, leather goods and accessories, gloves etc. As of April 9, 2009, SIPCOT has given in-principle allotment of plots to 10 companies, for a total area of 25 acres. Thus, remaining land of 75 acres is available for allotment to the interested companies which wish to set up their production units to make footwear and other leather products. The allotment will be on lease basis, and will for a period of 99 years. The cost of land at present in the Park is Rs 60 lakh per acre. The application form can be downloaded from www.sipcot.com. Interested members who wish to set up units in the park may submit their application form directly to SIPCOT.
Source: Council for Leather Exports