Germany based company VoN Wellx move from China to India
The Beginning of a Revolution?VON WELLX makes orthopaedic footwear to provide comfort in heel pain, swollen feet, knees and back pain, and correct posture. The brand is available in more than 80 countries with more than 100 million customers. The German company swooped into India in 2019 and is available across more than 500 retail locations as well as online.
The company owned by Casa Everz Gmbh, will begin manufacturing at Agra in Uttar Pradesh in partnership with LATRIC INDUSTRIES Pvt Ltd.
Uttar Pradesh Micro, Small and Medium Enterprises’ (MSME) Minister Uday Bahan Singh said, “We are very happy to see that investment from Casa Everz Gmbh, which will be giving employment to so many people, is coming to India from China and especially to Uttar Pradesh.”
As per PTI reports, according to the US-India Strategic and Partnership Forum (USISPF), around 200 US businesses are looking to exit China and enter India after the general elections.The forum’s president Mukesh Aghi said that the businesses are talking to them about how to establish China’s alternative by investing in India.
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