Home / Knowledge / News / Apparel/Garments / HK delegation proposes footwear manufacturing SEZ in India

HK delegation proposes footwear manufacturing SEZ in India

22
Oct '19
Pic: Shutterstock
Pic: Shutterstock
Intelligent SEZ Development Ltd in Hong Kong has proposed to set up a special economic zone (SEZ) for footwear manufacturing in Andhra Pradesh by investing ₹700 crore. It plans to start the first phase by investing ₹350 crore within five years from the date of project approval. A company delegation recently met state chief minister YS Jagan Mohan Reddy.

The company is a subsidiary of Intelligent Investment Ltd, which is an associate partner of Apache footwear India Pvt Ltd (India) and claims to be an exclusive supplier of footwear to global footwear brand Adidas, according to a press release from the chief minister’s office.

On the same day, a six-member delegation from Singapore also met Mekapati Goutham Reddy, AP minister for industries, commerce and information technology and discussed setting up of skill development training programs in the state.

Fibre2Fashion News Desk (DS)


Interviews View All

Rahuul Jashnani, Jashn

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Hannah Lane, Redress

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Amardeep Singh, Orient Craft

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Milva Morani,

Milva Morani

Brighi Technologies began in 1970 with trading and repairing sewing...

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search