by Punjabnewswire4u
CHANDIGARH, OCT 10
The Hand Tool
Industry in Jalandhar is all set to get new look with Government releasing
first instalment of RS. 17.48 crore.
Disclosing this here
today Industry and Commerce Minister of Punjab Mr Anil Joshi said that the Punjab
government had approved to set up the Hand Tool Cluster in Jalandhar with the
cost of Rs 79.49 crore. He said that this project had been delayed .The
Minister said that he has held series of
meetings with the Union Government officials and stressed the need of it as
Jalandhar has known for its hand tool industry worldwide, that needed to be
further expanded. He said that out of the total Rs 79.49 crore, Union
Government has released the first instalment of Rs 17.48 crore to the SPV.
He
said that Punjab Government has committed to revive the glory of Hand Tool
Industry in state as it was providing employment on the large scale by exporting
items around the world. He said that earlier Punjab Government
had sanctioned to set up a Machine Tools Cluster at Batala with the cost of Rs
83 crore with an aim to develop the small and medium scale industry in border
areas. New Hand Tool Cluster would be equipped
with the modern technology and latest machinery besides providing all the basic
facilities required for Hand Tool Industry in the Cluster, he added.
He said that these
projects would prove to be a boon for the small scale industry in state which
would create employment opportunities for thousands of youths.
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