The Footwear Design and Development Institute (FDDI) is proposed to be declared as an institute of national importance soon.

This is going by the Footwear Design and Development Institute Bill 2017 introduced in the Lok Sabha by Commerce and Industry Minister Nirmala Sitharaman on Tuesday.

FDDI was established in 1986 with the objective of providing skilled human resources to the leather sector.

This Bill now proposes to empower the institute to improve the capacity and performance with a view to address the shortage of trained human resource.

It seeks to establish a Governing Council and empower the institute to grant degrees, diplomas, certificates or any other qualification to students of the institute.

The global footwear market is expected to reach $220.2 billion by 2020 from the current level of $198.7 billion.