Aligarh : Pavna Industries Limited (NSE: PAVNAIND, BSE: 543915), a leading manufacturer of high-quality automotive components catering to diverse vehicle segments including passenger vehicles, two-wheelers, three-wheelers, commercial vehicles, and off-road vehicles has announced the signing of a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh. The strategic partnership reinforces Pavna’s commitment to expanding its national footprint, accelerating industrial development, and contributing to employment generation in India’s fastest-growing manufacturing corridor.
As part of the MoU, Pavna Industries has proposed an investment of ₹250 crores over the next 3 to 5 years, dedicated to developing the project in Uttar Pradesh. It is expected to create approximately 500 new jobs in the region.
Commenting on this development, Mr. Swapnil Jain, Managing Director, Pavna Industries Ltd. said:
“This MoU marks an important milestone in Pavna’s growth journey. Our proposed investment of ₹250 crores and the creation of 500 jobs underline our long-term commitment to Uttar Pradesh and to India’s manufacturing resurgence. This initiative allows us to build capacity, boost innovation, and contribute meaningfully to regional economic development.”
“We are grateful to the Government of Uttar Pradesh for their support and encouragement. This partnership strengthens our ability to serve both domestic and global customers with greater speed, quality, and scale. We look forward to working collaboratively to build a facility that reflects the highest standards of efficiency, sustainability, and technological advancement.”
