China has become notorious in the world due to the Corona epidemic. There are reports that many companies are moving their business from Ch...
China has become notorious in the world due to the Corona epidemic. There are reports that many companies are moving their business from China. Recently, a German shoe company is looking to wrap up its business from China and bring it to India.
German brand Von Wellx moves production from China to India, may create 10,000 fresh job |
Casa Everge Gmbh, the owner of the brand Von wellx, has decided to set up a new factory in Agra, Uttar Pradesh, in collaboration with Iatric Industries Pvt. Ltd. Everything will start anew there.
Just last month, the Uttar Pradesh government held a web seminar at the initiative of the US-India Strategic Partnership Forum to attract foreign investors to India. The German company took this decision within a few days. Many organizations including Adobe, Boston Scientific MasterCards, and UPS also participated in the web seminar.
The Von wellx brand is sold in more than 80 countries around the world. The company is known for making good shoes for foot, knee and back pain, injuries, etc. The company has 100 million customers worldwide.
Note that this is not the first time the company has set foot in India. Von wellx started business in this country since last year. The brand's products are currently available in more than 500 locations and online across the country.
Note that this German company is not coming to India just because of Corona. Indian mobile phone maker Lava is also on the list. They also want to wrap up their business from China and move to India.
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