Pavna Industries has signed a Memorandum of Understanding with the Government of Uttar Pradesh to support expansion and industrial development within the state. The company has proposed an investment of Rs 2.5 billion over the next three to five years, expected to generate around 500 jobs.

The MoU strengthens Pavna’s strategy to enhance its national presence and reinforce growth within India’s manufacturing ecosystem. Pavna Industries is a manufacturer of automotive components serving passenger vehicles, two- and three-wheelers, commercial vehicles and off-road segments.

Swapnil Jain, Managing Director, Pavna Industries, said: “This MoU marks an important milestone in Pavna’s growth journey. Our proposed investment of Rs 2.5 billion 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,” he added, noting that the proposed facility will focus on efficiency, sustainability and technology advancement.