Launches Rs 35 Crore ‘Tool Room’ Unit under Invest Punjab

A new ‘Tool Room’ unit has been inaugurated under the Invest Punjab initiative, representing a significant investment of Rs 35 crore. This facility is expected to play a crucial role in enhancing the manufacturing capabilities of the region, providing state-of-the-art tools and resources to local industries. The establishment of this unit not only signifies a commitment to advancing industrial infrastructure but also aims to foster innovation and competitiveness among businesses in Punjab.

The Tool Room is designed to cater to a variety of sectors, offering advanced tooling solutions that can meet the diverse needs of manufacturers. By providing access to high-quality tools and technical expertise, the unit is expected to reduce production costs and improve product quality for local enterprises. This initiative aligns with the government’s broader objectives of promoting self-reliance and boosting the ‘Make in India’ campaign, which encourages domestic manufacturing and entrepreneurship.

Moreover, the inauguration of this Tool Room is anticipated to create numerous job opportunities, contributing to the local economy and enhancing the skill set of the workforce. With specialized training programs likely to be offered, workers can gain valuable experience and knowledge, further elevating the standards of manufacturing in the region. Overall, the establishment of the Tool Room is a pivotal step towards transforming Punjab into a hub for industrial excellence and innovation.

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