The Uttar Pradesh government’s efforts to attract foreign investments, especially those which are looking for an alternative to China in the aftermath of Covid-19, bore fruit with a Germany based footwear brand shifting its entire production to Agra.
Von Wellx, owned by Casa Everz Gmbh, has announced the shifting of its entire shoe production business in China, with a capacity of over three million pairs annually, to Uttar Pradesh with an initial investment of Rs.110 crore.
An official said a new manufacturing unit of a similar capacity will be set up in Agra under a collaboration between Von Wellx and Iatric Industries Pvt Ltd.
Von Wellx, owned by Casa Everz Gmbh, has announced the shifting of its entire shoe production business in China, with a capacity of over three million pairs annually, to Uttar Pradesh with an initial investment of Rs.110 crore.
An official said a new manufacturing unit of a similar capacity will be set up in Agra under a collaboration between Von Wellx and Iatric Industries Pvt Ltd.
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