The program is open to Indian and international investors, entrepreneurs, and business leaders with a defined interest in establishing or expanding operations in India’s leather and footwear sector. This includes manufacturing units, joint ventures, component industries, and machinery businesses.

Opportunities exist across the full value chain – from tanneries and finished leather to footwear manufacturing, components, machinery, moulds, and retail. 98% of tanning machinery and 95% of footwear machinery used in India is currently imported, making domestic manufacturing a particularly underdeveloped and high-potential segment.

Yes. 100% FDI is permitted through the automatic route, with no prior government approval required. For single-brand retail, 100% FDI is allowed on the automatic route. Full repatriation of profits and dividends is permitted.

The BFLEX team coordinates scheduled meetings between registered investors and relevant manufacturers and exporters. These are structured business conversations, not open floor introductions.

The IFLDP scheme provides financial assistance for unit modernisation, environment management, cluster development, and institutional infrastructure. Export incentives include RoDTEP benefits, duty-free import of raw materials under Advance Authorization, and the EPCG scheme for duty-free machinery imports.