Business Standard

Adidas to Nike: Global footwear majors put best foot forward in Tamil Nadu

State eyes building raw material ecosystem to woo majors like Nike, Adidas, Puma, New Balance, and Reebok

Suppliers of several non-leather footwear brands like Nike, Adidas, Puma, New Balance, and Reebok are betting big on Tamil Nadu as a manufacturing hub, with the state already in the process of grooming a supplier ecosystem, for which India is almost
Premium

Shine Jacob Chennai

Listen to This Article

Suppliers of several non-leather footwear brands like Nike, Adidas, Puma, New Balance, and Reebok are betting big on Tamil Nadu as a manufacturing hub, with the state already in the process of grooming a supplier ecosystem, for which India is almost entirely dependent on imports.
 
According to sources, more than half a dozen global suppliers are in the process of setting up their units in the state as part of their China Plus One strategy and India’s import curbs.
 
To create a raw material supply base for these upcoming players, Kothari Industrial Corporation has signed a pact with the Tamil

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in