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YSR lays foundation for 70-crore footwear unit

Dec 26, 2020
YSR lays foundation for 70-crore footwear unit

With the aim to develop the Kadapa district into an industrial zone, Y S Jagan Mohan Reddy, Chief Minister, Andhra Pradesh, laid the foundation stone for a footwear manufacturing unit worth Rs 70 crore by Apache Intelligent SEZ.

The unit in the Kadapa district will provide employment opportunities to about 2,000 locals and manufacturing capacity of over 2 million pairs of footwear every year, as per a news report.

The Apache SEZ industrial park already employs over 10,000 people and has an annual production of about 18 million pairs of shoes.

Intelligent SEZ with its partner Apache Investment Holding is an exclusive supplier of footwear to global brand with a presence in Vietnam, China, Thailand and India.