A delegation from Tamil Nadu, led by Industries Minister Thangam Thennarasu, is heading for Tokyo and Seoul for a week to attract investments in the footwear space and also meet companies that already have investments in the State. “We will be visiting Tokyo and Seoul. We are organising roadshows. The main focus is the footwear sector,” the Minister told The Hindu.
The DMK government has set an ambitious goal to make Tamil Nadu a $1 trillion economy by 2030, and the footwear and leather sector are key areas that are being given a push. Last month, Chief Minister M.K. Stalin unveiled the Footwear and Leather Products Policy 2022, through which the State aims to attract investments to the tune of ₹20,000 crore and create over two lakh jobs. This policy will be valid till March 31, 2025, and will be periodically revised.
