2019-01-19 Projects Building Materials Northern India
Aro Granite Industries Limited had announced that the Jaipur plant progress is ahead of schedule. The Company has tied up with Bank of Baroda, the existing Banker to the Company for Foreign Currency Term Loan equivalent of Rs 33.87 Crores and the balance project cost is being met from the internal accruals. All the LOCs have been opened for the import of machinery. Factory building in under constructions. The commercial production is expected to start by May 2019.