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Govt signs MoUs worth Rs 455 crore at textile conclave

Press Trust of India  |  Ludhiana/Chandigarh 

The one-day

Apparel and Textile Conclave proved to be beneficial for boosting investment in the state, as the government signed pacts worth Rs 455.34 crore, for Industries Sunder said today.

During the conclave, organised in today, MoUs worth Rs 455.34 crore were signed between the and nine prominent industries, Arora added.

These industries are associated with technical textile, composite hosiery, spinning garments manufacturing, fabric knitting, apparel manufacturing, spinning, knitting, fabrics, readymade garments, auto parts, and pipe manufacturing, an official release said.

While urging the industrialists to invest in Punjab, Arora said that Capt led government is committed for the welfare of industrialists.

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

While interacting with industrialists from as well as other parts of the state, Arora stated that the government has a positive approach towards industries and was providing them congenial atmosphere to flourish.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 13 2018. 19:35 IST