Tata Shoes Group Plans New Investments in Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) — The delegation of the Association “Uzcharmsanoat,” led by the Minister of Investments, Industry, and Trade Nozimjon Kholmurodov, held negotiations with the management of Tata Shoes Group during a visit to China.
Tata Shoes Group is one of the key foreign investors in Uzbekistan’s leather and footwear sector.
To date, the company has invested over 20 million USD in expanding production capacities, creating jobs, and increasing the country’s export potential.
During the discussions, company management presented the results of a market analysis for Uzbekistan and Central Asia, highlighting particularly strong demand for women’s footwear.
In response, Tata Shoes Group plans to invest an additional 10 million USD and expand its product range to include men’s, children’s, and specialized footwear.
The new investments will not only meet growing domestic demand but also strengthen Uzbekistan’s export potential, create hundreds of new jobs, and contribute to the further development of the country’s leather and footwear industry.