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Netherlands Development Finance Co extends loan to Alok Industries

Sunday, 13 Jul 2008
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Netherlands Development Finance Co has extended $25 million to Mumbai based Alok Industries.

Alok Industries will receive funding for seven years to import capital goods, besides supporting other textile-related activities allowed by the Reserve Bank of India. Besides financial support, the Netherlands-based bank will also advise Alok Industries on social and environment-related aspects.

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