Login Register
Follow Us

Punjab gets nod for CFC at Ludhiana

CHANDIGARH:The oil expeller and parts manufacturing industry in Ludhiana is likely to get a shot in the arm with the Centre clearing Rs 15 crore for the cluster to set up common facility centre (CFC).

Show comments

Vijay C Roy

Tribune News Service

Chandigarh, February 13

The oil expeller and parts manufacturing industry in Ludhiana is likely to get a shot in the arm with the Centre clearing Rs 15 crore for the cluster to set up common facility centre (CFC). The land will be provided by the state government. The facility is likely to commence operations in a year and would benefit around 175 units.

A majority of the units in the sector are in MSME category. For this purpose, the industry has also formed special purpose vehicle namely “Ludhiana Oil Expeller Manufacturing Association” comprising 25 units.

The CFCs will be equipped with modern machinery, testing labs, R&D centre and requisite infrastructure as per the requirement of industries.  The oil expeller and parts manufacturing industry in Ludhiana contributes 80% of the total oil expeller machinery production in the country. 

DPS Kharbanda, Director, Industries, Punjab, said to modernise the MSMEs, the Punjab Government has decided to set up CFCs for 20 industrial clusters.

Other clusters include wire drawing, tractor parts, bicycle and parts, sheet metals, hand tools in Ludhiana, metal cluster, advanced machinery cluster, IT in Mohali, auto parts, hand tools and sports in Jalandhar.

Show comments
Show comments

Top News

Most Read In 24 Hours