South Korean Major Hwaseung Footwear Plans ₹898 Crore Manufacturing Hub in Andhra Pradesh

Overview:

Hwaseung Footwear, a key South Korean OEM supplier for Adidas, plans to invest ₹898 crore to build a large non-leather footwear manufacturing facility in Kuppam, Andhra Pradesh. The greenfield project, approved by the State Investment Promotion Board, will span 100 acres and create nearly 17,645 direct jobs, aiming to transform Kuppam into a global footwear manufacturing center.