Global brand Swiss Military to invest over Rs 56 crore, to set unit in Haryana
Lifestyle brand Swiss Military has plans to invest Rs 56.5 crore to set a its first fully owned manufacturing unit in India in Haryana. The plan is to set up its first fully owned manufacturing unit for luggage and travel gear in Faridabad, Haryana.
The unit would be spread over 1.21 acres and would have a built-up area of about 85,000 sq ft. The plant will have a production capacity of 10 lakh pieces per year. As per the firm targeted completion for the manufacturing unit will be within 8 months by Dec 31, 2024.