Back

Kolkata Index

 • 

West Bengal Tourism • 4m

Hong Fu Industrial Group, recognized as the world's second-largest manufacturer of non-leather athletic footwear, has officially entered the Indian market with a significant investment of ₹1,500 crore. The company broke ground on its new manufacturing facility located in Panapakkam, near Chennai, Tamil Nadu, during a ceremony attended by Chief Minister M.K. Stalin on December 16, 2024. ✅Investment and Location Total Investment: ₹1,500 crore Location: SIPCOT Industrial Park, Panapakkam, Ranipet district, approximately 85 kilometers from Chennai. Area: The facility will span 200 acres. ✅Employment Generation Job Creation: The project is expected to generate around 25,000 jobs. Workforce Composition: Notably, 85% of the workforce will be women, aligning with initiatives for inclusive employment.

0 replies1 like

More like this

Recommendations from Medial

Image Description
Image Description

Kolkata Index

News on Infrastructu... • 4m

TVS Industrial & Logistics Park has opened a New State-of-the-Art Industrial Facility in Fulbari, Siliguri, WB. The 1.40 Lakh sq. ft Facility built on 5.56 acres is a Grade A Industrial Park.

6 replies2 likes
Image Description

Chamarti Sreekar

Passionate about Pos... • 1m

Godrej Enterprises Announces ₹200 Crore Expansion of Dahej Plant in Gujarat Godrej Enterprises has announced a significant expansion plan for its manufacturing facility in Dahej, Gujarat, with an investment of ₹200 crore. The expansion aims to enh

See More
1 replies9 likes

gray man

I'm just a normal gu... • 15d

The Andhra Pradesh Cabinet has given the green light to a major industrial project — the establishment of a steel plant by ArcelorMittal Nippon Steel India (AM/NS India), with a total investment of Rs 1.35 lakh crore. This ambitious project will be d

See More
0 replies7 likes
Image Description

gray man

I'm just a normal gu... • 1m

Haldia Petrochemicals Ltd (HPL) is evaluating a proposal to establish a state-of-the-art polycarbonate manufacturing facility in West Bengal. The project is expected to require an investment exceeding $1 billion (approximately ₹8,700 crore). If a

See More
1 replies15 likes

gray man

I'm just a normal gu... • 1m

🚧 Tata's Semiconductor Facility Under Construction in Jagiroad, Assam Tata Group is making a significant stride in India's semiconductor industry with the ongoing construction of its state-of-the-art semiconductor fabrication facility in Jagiroad,

See More
0 replies9 likes
1
Image Description

gray man

I'm just a normal gu... • 1m

Patanjali's ₹1,500 crore mega food park is set to commence operations on March 9. This large-scale facility will focus on processing fruits and vegetables, with a daily capacity of 800 tonnes. The food park aims to boost the agricultural and food

See More
1 replies19 likes
1
Image Description
Image Description

Bharat Yadav

Betterment, Harmony ... • 3m

BSNL is planning a second Voluntary Retirement Scheme (VRS) to cut its workforce by 18,000-19,000 and ease financial pressures. The proposal, seeking ₹1,500 crore for implementation, has been submitted to the Department of Telecommunications (DoT)

See More
4 replies6 likes
1

gray man

I'm just a normal gu... • 25d

Hyundai Motor India Limited's board has given the green light to an investment of approximately ₹694 crore for setting up and managing a tooling center in India. This facility is expected to enhance the company's manufacturing capabilities by local

See More
0 replies8 likes
Anonymous
Image Description
Image Description

Indian electronics manufacturer Dixon Technologies is reportedly preparing to open a new facility in Chennai for producing laptops for four leading notebook brands in India. According to an ET report, the facility is expected to become operational

See More
2 replies7 likes
Image Description

gray man

I'm just a normal gu... • 2m

Adani Group to Invest ₹2,000 Crore in Skill and Employment Initiative with Singapore’s ITEES Adani Group, in partnership with Singapore’s ITEES, is launching a ₹2,000 crore skill and employment initiative aimed at boosting workforce capabilities in

See More
1 replies7 likes

Download the medial app to read full posts, comements and news.