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TN Govt Allots 130-Acre Land to Taiwan’s Hong Fu to Set Up Rs 1K-Crore Unit

TN Govt Allots 130-Acre Land to Taiwan’s Hong Fu to Set Up Rs 1K-Crore Unit

In a strategic move to enhance the state’s manufacturing capabilities, the Tamil Nadu government has allotted 130 acres of land to Taiwan’s Hong Fu for the establishment of a state-of-the-art ₹1,000 crore footwear manufacturing unit. This significant investment is expected to play a key role in strengthening Tamil Nadu’s position as a leader in the global footwear industry. The new facility will focus on the production of high-quality footwear catering to both domestic and international markets, further boosting the region’s export potential and manufacturing capacity.

The allocated land, located in a prime industrial zone, offers excellent infrastructure and connectivity, enabling Hong Fu to efficiently manage its supply chain, production processes, and distribution networks. The investment will also provide a significant economic boost to the local community by creating thousands of jobs, from manufacturing roles to positions in research and development, management, and logistics. The move also aligns with the Tamil Nadu government’s vision to attract more foreign direct investment (FDI) in the state’s manufacturing sector.

As part of the initiative, Hong Fu will also incorporate sustainable manufacturing practices, including the use of eco-friendly materials and advanced technologies to minimize environmental impact. This commitment to sustainability will ensure that the new unit meets the rising global demand for ethically produced products. The project is expected to create a thriving footwear cluster in Tamil Nadu, promoting innovation, collaboration, and competitive pricing in the industry.

With this investment, Hong Fu joins a growing list of global companies recognizing Tamil Nadu as an ideal destination for manufacturing expansion, further cementing the state’s role as a key player in the global footwear market.

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