News > Swiss Military to invest Rs 56.5 crore to set up manufacturing unit in Faridabad
Swiss Military to invest Rs 56.5 crore to set up manufacturing unit in Faridabad
03/05/2024 09:47 PM | Click to read full article
Global lifestyle brand Swiss Military will set up the unit by 31 Dec. Spread over 1.21 acres and a built-up area of about 85,000 square feet, the plant will have a production capacity of 10 lakh pieces per year. Anuj Sawhney, MD, said, "Our own manufacturing capabilities will help establish Swiss Military's commitment to modernisation within the travel gear sector in the Indian market and to shorten go-to-market timelines with new products."