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of <h1>Leather Policy Offers Major Subsidies and Tax Breaks to Attract Large-Scale Industrial Investments in Manufacturing Sector</h1> A state government has drafted a new Leather and Footwear Policy aimed at boosting economic growth. The policy offers capital subsidies and stamp duty exemptions for industrial parks developed on 25-100 acres. Investors must invest Rs 150-200 crore to qualify, with potential job creation of 1,000-3,000 per unit. The state, contributing 46% of India's leather exports, seeks to transform its industrial landscape and become a trillion-dollar economy.
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