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Raymond to invest Rs 425 cr in Maharashtra
The Raymond Group, under JK Investors (Bombay) Ltd, signed pacts worth Rs 425 crore with the government of Maharashtra. This would be to set up residential complex, commercial amenities, school project and sport complex in Nandgaon Peth, Amravati, the group said in a statement.
Bihar offers sops for Punjab investors
To provide enough business opportunities, the Bihar Government is making all-out efforts to attract the investors from Punjab, especially those dealing in textiles, apparel, dyeing industry from Ludhiana. The Bihar government is offering huge incentives, better infrastructure to the industrialists to set up manufacturing units in Bihar.
Giant brands make big leap
The CMAI’s Apparel Index for the third quarter, FY2014-15 from October to December 2014, with overall Apparel Index value up at 5.01, once again revealed the low sentiment among small brands, those with turnovers of Rs 10 to 25 crore.