German Footwear in the city of Taj
After Economy badly hit by the Covid19. And all the Companies are existing from the china and the second best choice for every country is INDIA, not only because of cheap labour but the other reasons are Natural resources, Diversity and Trade policies.
A German Footwear brand is ready to set up its production unit in Agra, Uttar pradesh from China , which will provide approximately 10,000 job directly or indirectly.
Footwear Company Von Wellx has 18 Manufacturing units across the globe and selling it in over 80 countries and is available at over 500 top retail locations and online in India, which is tremendous.
Monitoring the current situation the only hope for boosting the economy is huge FDI
Because only new setups can create opportunities as existing players make a cautious wait-and-watch approach.