German Company -Von Wellx, owned by Casa Everz Gmbh shifting to India from China!

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 India with an initial investment of Rs 110 crore.

Sources in the government said the company was expecting to reach full production capacity in two years and was expecting to invest Rs 110 crore in theĀ first phase.

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