Chief minister of India’s Tamil Nadu state MK Stalin has laid the foundation stone of a manufacturing unit of Taiwanese footwear firm Dean Shoes at SIPCOT Park in Ariyalur district’s Jayankondam.
It will be the first unit to be set up there at an investment of $118.5 million and is expected to generate 15,000 jobs.
“Tamil Nadu is going through a renaissance in industrial development,” he said.