In a significant boost to industrial growth in Tamil Nadu, MK Stalin, Chief Minister, laid the foundation stone for a new footwear manufacturing unit by the Taiwan-based brand, Dean Shoes at the SIPCOT industrial park in Jayankondam.
Led by Long Yin Investment (Dean Shoes), the project is being developed with an investment of Rs 1,000 crore and will create employment opportunities for 15,000 people in the industrially underdeveloped district.
TRB Rajaa, Industries Minister, highlights, this investment would further strengthen Tamil Nadu’s position as a global hub for non-leather footwear manufacturing. It is expected to drive distributed growth across the state, positively impacting districts like Perambalur, Ranipet, and Ariyalur. More importantly, it will reserve 90 per cent of the jobs for women, which is a key pillar of the Dravidian Model, notes Rajaa.
Tamil Nadu has already established itself as a prominent footwear manufacturing hub, with global brands such as Nike, Crocs, New Balance, Adidas, and Puma now manufacturing in the state. The sector in the state accounts for over 32 per cent of India’s total footwear production, according to a social media post by Rajaa.
Besides this, Stalin also launched 53 new projects valued at Rs 120 crore and inaugurated 507 completed projects worth Rs 88 crore. This development marks a major step towards enhancing Tamil Nadu's industrial infrastructure and expanding its role as a key player in the global footwear manufacturing industry.