Politics Insight News Without Politics
(Pi Bureau)
Virendra Singh Rawat
Business Writer
An autonomous Chinese municipality, Wenzhou is keen to setting up a leather and footwear components park in Uttar Pradesh.
Located near East China Sea, Wenzhou is a port and industrial city in China’s Zhejiang province and is reckoned for its industrial clusters and parks.
Wenzhou wants to establish a footwear components park in UP, although the exact location is still not final, Council for Leather Exports (CLE) regional chairman Javed Iqbal said adding the park could come up in Lucknow, Unnao or Hardoi.
Wenzhou officials have invited the UP chief secretary to participate in the ‘China-India (Wenzhou) Dialogue on Leather Industry Capacity Cooperation’ to explore business ties. Besides, two footwear and leather industrialists, including Iqbal, have been invited at the conference, scheduled on June 19 in Wenzhou.
In backdrop of squeeze on supply of raw hide in UP due to closure of unregistered slaughter houses, the proposed park could help the leather goods manufacturers in Kanpur and other districts, Iqbal said.
Wenzhou is among China’s most progressive municipalities, which are seeking global business ties two-way investments. India is Wenzhou’s 5th largest export market for textiles, apparels, leather goods etc.
Earlier on April 24, Lucknow Municipal Corporation (LMC) had also signed a Memorandum of Understanding (MoU) with Wenzhou for furthering Sino-Indian economic, cultural ties, tourism and educational ties
