# Ganga Acrowools invests ₹690 crore in textile expansion and stubble-based boiler in Punjab

Ganga Acrowools Limited is investing ₹690 crore in Punjab, including ₹53 crore for a paddy stubble-based boiler and turbine, and expanding its woollen and fancy yarn manufacturing capacity, creating over 1,500 jobs.

- Type: Expansion
- Announced: 2026-03-02
- Where: Punjab, India
- Value: $82.8M (6.90B INR)
- Jobs: 1,500
- Status: announced
- Products: worsted woollen yarns, fancy yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Ganga Acrowools Limited](https://endata.com/companies/90602.md)

## Sources

- [patialapolitics.com](https://patialapolitics.com/66216/), 2026-03-02: "This company will also generate additional 1,500 plus employment opportunities through this fresh investment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.