Swiss Military to Set Up Manufacturing Unit in Faridabad, Haryana with Rs 56.5 Crore Investment

Are you a travel enthusiast looking for high-quality travel gear? Well, Swiss Military has some exciting news for you! The global lifestyle brand has announced the establishment of its first fully owned manufacturing unit in Faridabad, Haryana, with an initial investment of Rs 56.5 crore. This state-of-the-art facility, spread over 1.21 acres, will have a production capacity of 10 lakh pieces per year.

Anuj Sawhney, the managing director of Swiss Military, expressed his excitement about this new venture, stating that their own manufacturing capabilities will not only showcase their commitment to modernization in the travel gear sector in India but also help in introducing new products to the market more quickly. With the resurgence of domestic and international travel, Sawhney highlighted the significant growth the company has experienced in the luggage and travel gear segment.

By setting up this manufacturing unit, Swiss Military aims to strengthen its position in the competitive global travel gear market. This move is also in line with their vision of expanding both in India and abroad, while contributing to the ‘Make in India’ movement. With the travel industry bouncing back and the demand for high-quality travel gear on the rise, this new facility is expected to play a crucial role in Swiss Military’s journey towards sustained growth and leadership in the industry.

So, if you’re on the lookout for durable, stylish, and reliable travel gear, keep an eye out for Swiss Military’s new products manufactured right here in India. Stay tuned for more updates on this exciting development and be a part of the community of industry professionals who are always in the know. Subscribe to our newsletter for the latest insights and analysis, and download the ETRetail App for real-time updates and to save your favorite articles. Happy travels!