laconceria - 4 May 2023 Taking jobs away from Vietnam to give it to India. It seems to be the strategy of Pou Chen Corp, the largest global manufacturer of sporting shoes, which decided to cut 6,000 jobs from a Vietnam-based production site (in photo) and invest 280 million USD to build a new plant in India. The goal: to hire 20,000 people in the…
A subsidiary of the world's largest maker of branded sports footwear Pou Chen will invest Rs 2,302 crore to set up a manufacturing facility in Tamil Nadu, the Indian state government said on Monday. The Taiwanese footwear maker for brands like Nike, Adidas, New Balance, and Timberland manufactured and shipped over 272 million pairs of shoes in the financial year 2022 globally,
CHENNAI (Reuters): A subsidiary of the world's largest maker of branded sports footwear Pou Chen will invest 23.02 billion rupees (US$280.86 million) to set up a manufacturing facility in Tamil Nadu, the Indian state government said on Monday (April 17).