HP Cotton Textile Mills has received in-principle approval from board of directors to establish a wholly owned subsidiary for production linked incentive (PLI) scheme for textiles and to make investment by way of capital and/ or debentures and/ or loans and/ or corporate guarantees, subject to the approval of application filed under PLI Scheme which is intended to promote production of MMF Apparel & Fabrics and Technical Textiles products, issued by Ministry of Textiles, Government of India. The Board of Directors in their meeting held on March 07, 2022 has approved the same.
HP Cotton Textile Mills is engaged in the manufacture of yarns and embroidery threads for both industrial and domestic usage.
