Taiwan's Hong Fu group to invest Rs 1,000 cr in TN for footwear factory
Thursday - April 7, 2022 8:57 pm ,
Category : BUSINESS
Chennai, April 7 (IANS) Taiwan's Hong Fu group plans to invest Rs 1,000 crore over a three to five year period to manufacture footwear in Tamil Nadu, the state government said on Thursday.In a statement issued here, the government said the Hong Fu group, which makes sports shoe brands like Nike, Puma, Converse, Vans and others, has signed an MoU to set up a footwear manufacturing facility and is scouting for a place to locate its factory.
--IANS vj/vd
--IANS vj/vd
(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)
