German footwear producer to shift from China to UP

A new manufacturing unit will be set up with a production capacity of over three million pairs in Uttar Pradesh through a collaboration with Iatric Industries Pvt Ltd as part of an understanding with the state government.

“Yes, after multiple rounds of discussions, Casa Everz Gmbh has decided to shift its entire production from China to India,” Iatric Industries Pvt Ltd Director and CEO Ashish Jain said.

Casa Everz Gmbh had two manufacturing units in China with an annual capacity of over 3 million pairs. Iatric Industries already has a capacity of 5 lakh pairs for Casa Everz Gmbh specifically under which it produces Von Wellx Germany 5 Zones Men’s and Women’s shoes apart from its other product capacities of another 5 lakh pairs, he added. “Now a new unit will be set up with a production capacity of over 3 million pairs. We have a 2-year time horizon to reach that capacity after all the necessary cooperation with the UP government,” Jain said adding the investment in Phase 1 of the project would be about Rs 110 crore over two years.