🚨TAMIL NADU : The New Footwear Hub In Making!!!
Major Investments in pipeline : 👞👟
🔹🇮🇳🇹🇼JR One - 5,500 Crs (50,000 Jobs)
🔹🇹🇼Pou Chen - 2,302 Crs (20,000 Jobs)
🔹🇰🇷Hwaseung Enterprises - 1,720 Crs (20,00 Jobs)
🔹🇹🇼Hong Fu -1,000 Crs (20,000 Jobs)
🔹🇻🇳Freetrend - 1,000 Crs (15,000 Jobs)
🔹🇹🇼Feng Tay - 1,000 Crs (10,000 Jobs)
🔹🇮🇳Aspire Footwear - ~ 500 Crs (20 Acre Plot)
➡️ All these firms are leading suppliers to the likes of Nike, Adidas, Puma, Crocs, Reebok etc and setting their base in TN along with their ancillary units. Not one MoU signed here is with a dummy/shell firm
➡️ TN was the first state to launch a dedicated footwear policy as early as 2022 with aim to attract investments of 20,000+ Crs
➡️ The govt setup dedeicated footwear parks (Sipcots) predominately in backward places like Ariyalur, Villupuram, Tindivanam Perambalur etc
➡️ Has setup exclusive desks in Taiwan, Vietnam to tap investments
➡️ The govt is working closely with TN Shoe Federation of India to lure investments.
‼️ We will have to wait & see how the USA Tariffs play out. But so far things are fine...🤞🤞
Detailed Thread below! Plz read ...⏬⏬🧵(1/7)


1. First is biggest one. Homegrown player Kothari had formed a JV with Shoe Town of Taiwan called "JR One Footwear". The firm has setup is base at Eraiyur, Perambalur with further investment at Karur
🔹Total Area : 145 Acres (Eraiyur) & 33 Acres (Karur)
🔹Total Investment : 5,500 Crs
🔹Jobs : 50,000
🔹Status : Ph-1 of Eraiyur work already functioning with approvals & construction underway for Ph-2 and one at Karur
🔹They are setting up component & ancillary park, paving way for all manufacturing in TN itself
🔹 They make Crocs and in talks with other brands (2/7)