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.