German shoe brand Von Wellx Germany has begun construction of a new footwear manufacturing facility in Sector 29 of the Yamuna Expressway Industrial Development Authority (YEIDA) area. The plant, covering 2.5 acres and costing around Rs 300 crore, will have an annual production capacity of over four million pairs. The company also plans to set up a large ancillary industry in the region to produce components like outsoles, insoles, interlinings, and other non-leather raw materials.
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Note: The above-mentioned news was first published by us in our ProjectX India | 15th October 2024 edition.. Get this issue or any of our editions by clicking here…
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