Current Affairs - Economy - Discussion

Uttar Pradesh is formulating a new leather and footwear policy to enhance exports, provide financial aid, and introduce technological upgrades. The initiative aims to double the state’s ₹20,000 crore leather industry within five years, focusing on key hubs such as Kanpur, Agra, Unnao, and Noida. This policy aligns with the Union Budget 2025-26, which sets a target of $50 billion in Indian leather exports by 2030. By implementing this strategy, Uttar Pradesh seeks to strengthen its position as a major contributor to the country’s leather sector.