Future is Non-Leather Footwear Hong Fu Lays Foundation for *1,500-Crore Manufacturing Facility in Tamil Nadu

In a landmark step for Tamil Nadu’s industrial advancement, Taiwan’s Hong Fu Industrial Group, the world’s second-largest manufacturer of non-leather athletic footwear, has commenced work on a ₹1,500-crore state-of-the-art manufacturing facility at SIPCOT Industrial Park, Panapakkam, in the Ranipet district.

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This project is a powerful reflection of Honourable Prime Minister Narendra Modi’s “Make in India” initiative, fostering domestic manufacturing, innovation, and skill development. By reinforcing India’s standing as a global manufacturing hub, the project signals growing confidence among international brands in India’s capabilities and economic potential.

Government Support and Vision

Prior to the groundbreaking ceremony, Aqeel Panaruna met with Hon’ble Minister of Commerce and Industry Shri Piyush Goyal to provide an overview of the mega project. Expressing his gratitude, Panaruna highlighted the Department of Commerce’s proactive and supportive approach to the initiative.