The Indian government has informed the standing committee on commerce that the Production Linked Incentive (PLI) scheme for the leather and footwear sector is at the draft Cabinet note stage, with an anticipated allocation of around $31.2 million as per Budget documents.
The FY26 Budget has also introduced a focus product scheme to support non-leather quality footwear production. It is expected to create 2.2 million jobs, generate around $4.8 trillion in turnover, and boost exports to around $132 billion.
The government is currently implementing the approximate $20.4 million Indian Footwear and Leather Development Programme (IFLDP) for 2021-26 through the Department for Promotion of Industry and Internal Trade.