City
Epaper

Punjab gets investments of Rs 3,200 cr in textiles, apparel industry

By IANS | Updated: January 6, 2023 10:00 IST

Chandigarh, Jan 6 The Punjab government has secured investments of more than Rs 3,200 crore in textiles and ...

Open in App

Chandigarh, Jan 6 The Punjab government has secured investments of more than Rs 3,200 crore in textiles and apparel industry in the past nine months, Investment Promotion Minister Anmol Gagan Mann said.

She said the investing companies include Sanatan Polycott and Nahar Spinning Mills.

The investment of Rs 3,200 crore is likely to create employment opportunities for more than 13,000 skilled workers in the textile industry.

She said this investment highlights the initiatives taken by the government that is focused on creating an industrial ecosystem in the state which is conducive to business.

The minister explained that the industry-friendly policies of the government under the leadership of the Chief Minister, Punjab's connectivity in terms of roads, railways and airways, friendly labour relations with no domicile restrictions and uninterrupted power supply offer a conducive environment for businesses looking to set up their operations in Punjab.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Sanatan polycottNahar spinning millsAnmol gagan mann
Open in App

Related Stories

PoliticsConnect Pinjore, Kalka, Zirakpur with Chandigarh through metro: Haryana CM

NationalAAP minister looks for Rs 2 crore luxury overhaul of her official bungalow, sparks row

PoliticsGovt to provide single-window approval to industry: Punjab minister

PoliticsPunjab cabinet's first expansion likely on Monday

Politics Realted Stories

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days

NationalBJP Candidate Satish Kumar Leading Over Tejashwi Yadav in Raghopur Assembly Constituency

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Leads, Tej Pratap Trails in Early Trends

NationalTarn Taran Assembly By-Election 2025: 23.05% Voter Turnout Recorded Till 11 AM in Punjab By-Poll

MaharashtraWho Is Akshaya Naik? Shetkari Kamgar Paksha Named Mayoral Candidate of Alibag