Taiwan-based Pou Chen Corporation to set up non-leather footwear manufacturing unit in Tamil Nadu

Chennai, Apr 17 (KNN) The Tamil Nadu government on Monday signed an agreement with High Glory Footwear India Private Limited, a subsidiary of Taiwan-based Pou Chen Corporation to set up a non-leather footwear manufacturing unit at the SIPCOT Industrial Park, Ulundurpettai, in Kallakurichi district.

The non-leather footwear manufacturing unit will be set up at an investment of Rs 2,302 crore.

The MoU was signed at Chennai in the presence of Tamil Nadu Chief Minister M.K. Stalin, Minister for Industries, Investment Promotion, and Commerce Thangam Thennarasu, Chief Secretary V. Irai Anbu, S. Krishnan Additional Chief Secretary, Department of Industries, Investment Promotion, and Commerce other key government officials.

As per reports, the MoU is expected to generate jobs for over 20,000 people in the non-leather footwear sector in the state over a span of 12 years, especially for youth and women, in and around Kallakurichi.

The leather, leather goods and leather footwear industry in Tamil Nadu has been a significant contributor to the State’s economy for decades. The state has a long history of producing high-quality leather footwear and is known for its skilled workforce and favourable business environment where the leather industry thrives.

The state has been home to several major non-leather footwear manufacturing clusters, including Ambur, Vaniyambadi, Ranipet, and Cheyyar.

Last year the Chief Minister M.K. Stalin, launched the ‘Tamil Nadu Leather and Footwear Products Policy 2022’. The policy aims to attract nearly Rs 20,000 crore in investments in the sector, a major share of which is expected to be in the non-leather sector, and will eventually result in employment opportunities for up to 2 lakh people in the state by 2025.  (KNN Bureau)