Ludhiana, July 14: The state government signed MoUs worth Rs 455.34 crore with nine prominent industries during a one-day Punjab Apparel and Textile Conclave here on Friday.
The industries include Vin Gon India Pvt Ltd (Rs 150 crore), Fateh Alloys Pvt Ltd (Rs 110.84 crore), First Reliable Industries (Rs 50 crore), Aribha Knitwears (Rs 50 crore), Rotaxa Auto India Pvt Ltd (Rs 39.5 crore), Fateh Alloys Pvt Ltd (Rs 25 crore), Mount Meru Industries (Rs 10 crore), Ferro Sona Garments Pvt Ltd (Rs 10 crore) and United International (Rs 10 crore).
These industries are associated with technical textile, composite hosiery, spinning garments manufacturing, fabric knitting, apparel manufacturing, spinning, knitting, fabrics, readymade garments, auto parts, CA stove and pipe manufacturing.
Urging industrialists to invest in the state, Cabinet Minister for Industry and Commerce Sunder Sham Arora said the state government was committed for the welfare of industrialists.
Source Tribune India
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