Chennai, Feb. 26 -- The Tamil Nadu government on Wednesday signed a Memorandum of
Understanding (MoU) with Evervan Kothari Footwear Limited for setting up non-leather footwear manufacturing facilities in the industrially backward districts of Karur and Perambalur involving an investment of Rs 5,000 crore.
The MoU was signed at the State Secretariat in the presence of Chief Minister M.K.Stalin,
Tamil Nadu Industries Minister TR B Raaja and other officials from the State government.
The two facilities would create job opportunities for 50,000 people, an official release said.
The MoU was signed between the Tamil Nadu Industrial Guidance and Export Promotion Bureau,
the investment promotion agency, and Evervan Kothari Footwear Limited, a...