Pavna Industries Signs MoU with UP Govt for ₹250-Crore Investment

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Pavna Industries, a major producer of premium automotive components for a wide range of vehicles—from passenger and commercial vehicles to two- and three-wheelers—has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh. This collaboration highlights the company’s plans to broaden its presence across India, support industrial growth, and boost employment in one of the country’s fastest-expanding manufacturing hubs.

Under the MoU, Pavna Industries intends to invest ₹250 crore in Uttar Pradesh over the next 3 to 5 years to establish and develop its new project. The initiative is expected to generate around 500 jobs in the state.

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.”