Business Standard

Indian Wood Products Company gets land allotment from SIDC, State of J&K

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Capital Market

For setting up of Katha Manufacturing Plant

Indian Wood Products Company announced that the Small Industrial Development Corporation, Government of Jammu & Kashmir has allotted to the Company 35 canals of land on lease basis for a period of 37 years for setting up of a Katha Manufacturing Plant in the State of Jammu & Kashmir. The said lease is subject to a renewable on the company's request at an interval of every 2 years during the lease period.

The company has already received Principal approval from Power and Pollution Boards. The company is now making payment towards land allotment and will proceed to complete the registration formalities. The company shall commence the process of setting of plant in a phased manner.

 

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First Published: Feb 28 2018 | 6:29 PM IST

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