German footwear maker to relocate from China to India
- 613
- 10
-
- Last Comment
German footwear maker to relocate from China to India
Casa Everz Gmbh, the owner of Germany-based healthy footwear brand Von Wellx, will be shifting its entire shoe production of over three million pairs annually in China to India with an initial investment of Rs 110 crore, according to a top official of the company’s licensee Iatric Industries Pvt Ltd. A new manufacturing unit will be set up with a production capacity of over three million pairs in Uttar Pradesh through a collaboration with Iatric Industries Pvt Ltd as part of an understanding with the state government.
https://news.rediff.com/commentary/2020/may/19/...
German Footwear Brand Von Wellx to Shift Production Base from China, to Create Over 10,000 Jobs in UP
- Sort By
It is Indian company only using fake address to convince buyers that they are buying imported products..i.e., they had registered themselves in Germany on a letterbox address. They have stores in India and Saudi Arabia only
They are probably doing these promotions to get loans from government and then those loans will be successfully converted into NPA’s, which seems to be the modus operandi of BJP who have degrees in “entire political science and entire economic science”
why BJP for footwear 
never heard the name, nothing on wiki aswell 
Whichever company shifts their manufacturing unit from China to India, 99% of them will go BJP ruled states. More than 1000 companies already approached India & 50% will go to UP. Few years later bhakts will say that knucklehead CM developed UP & media will sell the story UP model for Lokshabha elections 
Atleast they will not come to Maharashtra, here you have have labour unions ready to welcome you and make your life tough….. Plus professional tax, which is not in other Major states, plus highest electricity rates, plus gods know what all
ok sir