Von Wellx Germany Group has initiated the construction of a significant footwear plant phase 2 in Jewar, Noida, marking a substantial investment of 300 crore.

The plant, spread across 10,000 sqm with a covered area of 1,30,000 sqft, is poised to integrate advanced German technologies, offering a production capacity of over 4 million pairs annually.

This development aligns with India's 'Make in India' strategy, promising to enhance both local sales and exports.

The plant's foundation was laid by notable dignitaries, including Dhirendra Singh, MLA of Jewar, and Arun Vir Singh, CEO of YEIDA and NOIDA International Airport Ltd.

Von Wellx Germany's new facility will serve as a vertically integrated unit, supporting technological transfer and increasing employment opportunities for 10,000 people.

Speaking at the event, Ashish Jain, CEO of Von Wellx Germany Group India, highlighted the project's role in reducing import dependency and boosting export potential by setting up a mega ancillary industry for outsole and insole production.