Apparel
Nike supplier to ramp up SEZ
The Cheyyar Special Economic Zone (SEZ) is undergoing expansion as the Taiwan-based Feng Tay Group is about to invest an additional Rs 2.5 billion. The Feng Tay Group, producer of one sixth of all Nike shoes sold across the world had set up this SEZ earlier, having invested Rs 1.9 billion to promote it when it signed a MoU four years ago. The...
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