Hyderabad to get Rs. 100-cr footwear design centre.

Hyderabad is all set to get yet another national centre soon. It will get an Rs. 100-crore National Institute for Footwear Design and Development.

The foundation stone for the Institute will be laid soon. The Andhra Pradesh Government has already allocated the required land at Gachibowli in Cyberabad. A couple of weeks ago the Union Minister for small, micro and medium enterprises, K.H. Muniyappa, had announced that it would set up a National SME University. About 100 acres of land was available for the facility to come up in the city.

The foundation laying event for the Footwear Design Institute was finalised during the meeting of Union Minister for Commerce and Industry, Anand Sharma and State Chief Minister, N. Kiran Kumar Reddy.

Funds for the national centre have already been sanctioned by the Commerce Ministry.

HBL