Lucknow, May 23 -- With the state government stepping up efforts to woo investors in the footwear industry, some companies currently operating in China have shown interest in setting up their units in Uttar Pradesh.
If all goes well, the state may get investment of USD 120 million in the footwear industry in Kanpur or Agra in the next 18 months to two years, people aware of the developments said. The investment is likely to lead to the creation of job opportunities for one million people, they added.
The state government will soon bring out a policy for the footwear industry with attractive incentives to woo companies willing to set up their units out of China fearing the adverse impact of the tariff war between China and the USA, those...
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