Published On:April 18 2023
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Taiwan’s footwear company to set up a plant in Tamil Nadu.

High Glory Footwear, a subsidiary of Taiwan’s Pou Chen Group will set up a manufacturing plant in Tamil Nadu. The plant will come up at Ulundurpet Sipcot Industrial Park with an investment of ₹2,302 crore.

businessline had reported in January this year that Pou Chen plans to set up a plant in Tamil Nadu.

Pou Chen Corporation is the world’s largest branded footwear manufacturer. In 2022, it manufactured 272.7 million pairs for dozens of international brands like Nike, Adidas, Reebok and Asics. Globally, it employs over three lakh employees in countries like China, Vietnam, Bangladesh and Cambodia.

The company on Monday signed a ‘structured package agreement’ with the State government in the presence of Chief Minister MK Stalin at the Secretariat.

HBL





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