Taiwan giants like Shoetown, Feng Tay, Pou Chen, and Hong Fu are setting up huge non-leather shoe factories in Tamil Nadu. Made in India footwear will take over world, say industry leaders.
The recent move by Centre, which requires ISI marks on all footwear priced above Rs. 150, has sparked concerns among small businesses in the cottage footwear manufacturing sector.
In Agra, shoemakers fear the change and disruption in the old ways of doing things. Industry associations fear fallouts, while workers are worried that they’ll be laid off.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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