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Alok Industries receives additional $50 million under EPBG Scheme

06 Oct 2015 Evaluate

Alok Industries, a vertically integrated textile manufacturing company, has received an additional funding worth $50 million on October 1, 2015 under the Export Performance Bank Guarantee Scheme (EPBG). So far the company has received $925 million out of the targeted $1,633.33 million from the Export Performance Bank Guarantee Scheme.  

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 492.45
Welspun Living 212.45
Arvind 490.20
Raymond Lifestyle 492.70
K.P.R. Mill 1072.00
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