CHENNAI:
Industries
Minister TRB Rajaa said on Friday that it is a moment of immense pride
for Tamil Nadu as Economic Survey 2025 has recognised the remarkable
success of state in championing the growth of the non leather footwear
sector.
The minister in a social media platform 'X' said that
Tamil Nadu’s contribution to India’s footwear and leather output is
unmatched, with the state producing 38% of the country’s footwear and
leather products output generating over 2 lakh jobs, and 80-90% of the
jobs being generated in the non-leather footwear sector being women.
Stating
that this highlights how Tamil Nadu’s progressive policies ensure
inclusive and distributed growth under the leadership of Chief minister M
K Stalin, he said the state has emerged as the go-to destination for
global footwear manufacturing giants like Nike, Puma, Adidas and many
many more. "Our focus on developing non-leather footwear hubs like
Ranipet and Perambalur has ensured access to talent and created
opportunities in regions that needed them the most," the minister said.
"Our
efforts through Guidance Tamil Nadu have set benchmarks for investment
facilitation and global outreach. With initiatives like the dedicated
Footwear and Leather Products Policy 2022 and advanced industry-academia
collaboration through WorkLabs, we are building a comprehensive
ecosystem that supports both large manufacturers and MSMEs," the
minister said.
The Economic Survey, which was released on Friday,
stated Guidance actively liaised with Taiwanese agencies to strengthen
ties with potential investors in footwear sector. Guidance established
contacts with major contract manufacturers of Nike like Pou Chen, Hong
Fu, Taekwang and Changshin, positioning Tamil Nadu as an attractive
destination for manufacturing.
The survey stated, "The incentive
package system offered in Tamil Nadu is flexible and can be tailored to
the needs of each investor. Tamil Nadu offers a range of incentives such
as capital subsidies, payroll subsidies, and land cost subsidies. The
state has launched a dedicated Footwear and Leather Products Policy
2022, which aims to develop a comprehensive ecosystem that supports both
large manufacturers and smaller enterprise."
It also stated that
the State has focused on developing industrial estates in rural areas
to ensure access to a ready workforce, particularly women. "These
efforts have attracted foreign investors, such as Feng Tey from Taiwan,
who set up contract manufacturing for Nike. It has identified land in
districts like Madurai and Sivaganga for future footwear investments,
ensuring land availability for potential manufacture," the survey added.
Friday, January 31, 2025
Economic Survey recognises success of TN in championing growth of non-leather footwear sector: Rajaa
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