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Alok Industries receives additional $25 million under EPBG Scheme

07 Sep 2015 Evaluate

Alok Industries has received an additional advance amounting to $25 million under the Export Performance Bank Guarantee Scheme (EPBG). Under the EPBG scheme, as on august 31, 2015, the company has received the total export advance of $775 million out of the targeted $1,633.33 million equivalent to about Rs 9,800 crore.

Alok Industries evolved from a small trading business into India’s largest integrated textiles player. It is present across various verticals of the textile value chain - from yarn manufacturing to garmenting.


Peers
Company Name CMP
Vardhman Textiles 570.05
Welspun Living 201.10
Arvind 547.95
Raymond Lifestyle 671.70
K.P.R. Mill 1123.20
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