Footwear & Leather Products SEZ Park – promoted by SIPCOT at Irungattukottai near Chennai – August 20, 2010

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No. CLE / ILDP / Footwear & LP SEZ Park / 2010-11
Aug 20, 2010

To: All Members of the Council,

Dear Members,

Sub:Footwear & Leather Products SEZ Park – promoted by SIPCOT at Irungattukottai near Chennai

As you are aware, State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) is promoting a Footwear & Leather Products SEZ Park as part of the Indian Leather Development Programme (ILDP) approved by the Government of India. 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 153.68 acres. Out of this, 101.55 acres is for allotment to the investors for setting up of their manufacturing units to produce Footwear as well as Leather Products such as leather garments, leather goods & accessories, gloves etc.

The units operating in the SEZ are eligible for several incentives. These have been indicated in the enclosure. For further details on the SEZ and other relevant information, please visit the Government of India Website www.sezindia.nic.in You may go through this website of the Government of India which has all the required information on the SEZ.

The SIPCOT has informed the Council that out of 101.55 acres, they have allotted the 15 acre plot to the Footwear Design & Development Institute (FDDI) to set up FDDI Centre, and 1 acre plot to leather goods manufacturing company. As such, plots totaling to 85.55 acres is available with SIPCOT for allotment to interested companies which wish to set up their production units to make footwear and other leather products. The allotment will be done by SIPCOT 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 the website of SIPCOT www.sipcot.com

Interested members who wish to set up units in the Park may submit their Application Form directly to the SIPCOT.The postal and contact address of SIPCOT is given below:

Chairman & Managing Director
State Industries Promotion Corporation of Tamil Nadu Limited
No.19A, Rukmani Lakshmipathy Road,
Post Box No.7223, Egmore,
Chennai 600 008
Tel: 044 2855 4787 Fax: 044 2851 3978
E mail:sipcot@md3.vsnl.net.in

A copy of the same may also be sent to CLE for our information.

With warm regards,
Yours sincerely,

Ali Ahmed Khan
Executive Director

Facilities and Incentives

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