Punjab will get investment of Rs. 260 crores & employment for 400

Minister Arora presides over ground-breaking ceremony of JV-Hero Motors & STP Germany

Punjab Newsline, Chandigarh/Ludhiana-

The ground-breaking ceremony for the manufacturing facility of Munjal STP Industries Limited, a Joint Venture between Hero Motors Limited (“HML”) and Vermogensverwaltung Plettenberg GmbH and CO KG along with its group companies (“STP Group”) held today at Dhanasu, Ludhiana.In this way, Punjab will receive investment of Rs. 260 crores in the first phase through joint venture and employment for 400 people.

The groundbreaking ceremony was attended by Sanjeev Arora, Industry and Commerce Minister of Punjab, Ms. Seema Bansal, Vice-Chairperson of the Punjab Development Commission, along with several other

See Full Page