Ansal to invest Rs 300 cr in industrial park at Ludhiana
Realty major Ansal API today said it will invest around Rs 300 crore in setting up an industrial park at Ludhiana in Punjab.
The park to be set up on 45 acres of land is expected to be operational by early 2012.
We have already acquired the land and the project will take off soon. The initial investment of around Rs 300 crore will be entirely funded from internal accruals, Ansal API’s Chief Operating Officer Deepak Sachdeva told PTI here.
The park, Hampton Court Business Park, will only house eco-friendly industrial units from a range of sectors like IT, apparel, sports goods, auto, cycle and electrical goods.
More : business-standard.com