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Alok Industries receives additional $50 million under EPBG Scheme

21 Sep 2015 Evaluate

Alok Industries has received an additional advance amounting to $50 million on September 15, 2015 under the Export Performance Bank Guarantee Scheme (EPBG). The company has received the total export advance of $875 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 536.45
Welspun Living 235.85
Arvind 529.75
Raymond Lifestyle 624.95
K.P.R. Mill 1100.90
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