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MoUs worth Rs 455 cr at Punjab Apparel and Textile Conclave

Wednesday, 18 Jul 2018
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The Punjab government inked memorandums of understanding (MoUs) worth Rs 455.34 crore with nine industries during the Punjab Apparel and Textile Conclave held in Ludhiana.

The MoUs were inked with industries associated with technical textile, composite hosiery, spinning garments manufacturing, fabric knitting, apparel manufacturing, spinning, knitting, fabrics, readymade garments, auto parts, and pipe manufacturing.

In addition, for boosting investment in Punjab, a single window system has been set up at the Deputy Commissioner's Offices, where approval will be granted for investment of up to Rs 10 crore in a hassle-free and transparent manner.

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