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Punjab CM unveils Sonalika's Rs. 1300 cr expansion in Hoshiarpur
The Business Guardian
|March 15, 2024
India’s No. 1 tractor export brand Sonalika Tractors has been among the leading OEMs in the state of Punjab and has already put Hoshiarpur town on the world map with its World’s largest tractor manufacturing facility.
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The company is excited to announce the laying of the foundation stone for two new plants in the state for which the groundbreaking ceremony was graced by Sh Bhagwant Mann, Hon’ble Chief Minister of Punjab. In line with its commitment to infuse fresh round of investment announced late last year, Sonalika will invest Rs 1000 crore in setting up a new tractor assembly plant and additionally, Rs 300 crore for setting up a new high-pressure foundry.
Denne historien er fra March 15, 2024-utgaven av The Business Guardian.
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