Consider the following statements 1 Government of India has approved Machine Tool cluster in Batala ...........

Punjab Economy

Consider the following statements.

1.Government of India has approved Machine Tool cluster in Batala district.

2.Punjab Government has recently set up Footwear Design & Development Institute (FDDI) at Banur, District SAS Nagar (Mohali).

3.The Govt. of India has accorded approval for setting up an mega Apparel Park at Ludhiana.

Which of the following statements is /are correct ?

1 and 2 Only

2 and 3 Only

1 and 3 Only

All of the above

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Explanation:

Punjab state Government has been pursuing with Government of India for approval of cluster Projects for different types of Industries in the State in order to provide R&D facilitates to industry and enable them to do cost cutting for competing in the global market.Project for Hand Tools Cluster at Jalandhar and Project for Fondry and Machine Tool cluster at Batala have been approved by Government of India.Four Textile Parks have been set up for the promotion of Textile Industry in the State.Footwear Design & Development Institute (FDDI) at Banur, District SAS Nagar (Mohali) is being set up.The Govt. of India has accorded approval for setting up an Apparel Park at Ludhiana. The park is being promoted by apparel Exporters Association of Ludhiana.