Archive · 16 Nov 2025
South Korean Footwear Giant Hwaseung to Invest Rs 898 Crore in Kuppam
A big shoe company from South Korea called Hwaseung is going to build a new factory in a town in India called Kuppam.
This factory will make shoes that don't use leather, which is good for the environment.
They are investing a lot of money, almost 900 crore rupees!
This big investment will help the town grow and create many new jobs for people.
The factory will be built in different stages, and the government is helping the company by offering special benefits.
This is great news for the area because it means more businesses might come there and people will have more job opportunities.
South Korean footwear giant Hwaseung will invest Rs 898 crore in a new manufacturing facility in Kuppam, Andhra Pradesh.
The plant will be a state-of-the-art non-leather footwear manufacturing facility on a 100-acre campus.
The project is expected to create 17,645 direct jobs, boosting the local economy and transforming Kuppam into a footwear hub.
The investment will be implemented in three phases with distinct capital outlays.
The Andhra Pradesh government is providing incentives and support to expedite the project's development.
- Who
- South Korean footwear giant Hwaseung Footwear
- What
- Investing Rs 898 crore to set up a non-leather footwear manufacturing facility
- When
- Announced, project to be developed in three phases
- Where
- Kuppam, Andhra Pradesh, on a 100-acre industrial campus at Pogurupalle
- Why
- To boost manufacturing, attract global investors to the Rayalaseema region, create jobs, and capitalize on global demand for sustainable footwear.
- Company
- Hwaseung Footwear
- Investment
- Rs 898 crore
- Location
- Kuppam, Andhra Pradesh
- Project Type
- Non-leather footwear manufacturing facility
- Land Area
- 100 acres
- Expected Jobs
- 17,645 direct jobs
- Project Phases
- 3
