KaroStartup’s Post

Hong Fu Industrial Group, a Taiwanese footwear manufacturer that supplies major brands like Nike, Converse, Vans, and adidas, has launched its operations in India. The company held a groundbreaking ceremony for its Rs 1,500-crore footwear plant at the SIPCOT Industrial Park in Panapakkam, about 85 km from Chennai. The company, which produces 200 million pairs of shoes annually and generates $3 billion in revenue, plans to hire 25,000 workers at the new facility, with 85% of them being women. The plant is expected to begin operations by early January 2026. Read more: thekarostartup.com #HongFuIndustrialGroup #TaiwaneseInvestment #India #FootwearManufacturing #Nike #Converse #Vans #Adidas #SIPCOT

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Yogesh Aphale

Building ABFRL| Leading Resilient Responsive SupplyChains| Digital @SCM IBusiness Excellence Champion | People Leader| Ex- TCNS/Titan/Voltas| IIM Mumbai [ NITIE]

2d

Great news. Whilenindia has traditionally been the hub of leather footwear.... these companies will bring in many more expertise in sports and performance footwear.

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S Bose

Sourcing and Manufacturing of Leather Footwear, Bags.

2d

Best wishes for a bright future ahead. India needs more investment in these fields for years to come.

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Rajeev Yadav

DGM WAREHOUSE at ABFRL Unit TCNS Pataudi

1d

Congrats! Surely will bring new definition of sportswear 👍

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Gunasekar R

junior Executive Tata international Bachi shoes footwear ltd Children shoes division

1d

Great news

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KAPIL YADAV

Vice President Visual Merchandising & Store Design / Design Director Footwear & Accessories Louis Philippe

3d

Fantastic update

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Sahil Bathla

Partner at Jay Bee Traders| 16 Years exp | serve riding helmet and loungrie industry | 34 crore revenue + 50 satisfied customers since beginning | already sold 3crore mtrs of fabric | clients in 4 countries/10 states |

2d

Inspiring

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watsh wardhan

Textile & Apparel production Head

3d
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Congrats!

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Congrats!

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Surendra Prusty

Certified Yoga Teacher | Meditation & Mindfulness Advocate | Wellness Coach | Prenatal & Geriatric Yoga | Nutrition Consultant | AYUSH Healings & Acupressure | Data Analyst | Digital Marketing | Content Writer

4d

Congrats!

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