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Pragati India Fund investing $6.3M in Lucknow-based PTC Industries

By Madhav A Chanchani

  • 20 Aug 2013
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Pragati India Fund investing $6.3M in Lucknow-based PTC Industries

Pragati India Fund, a private equity fund targeting economically underdeveloped and low-income states of India, is picking up a stake in Lucknow-based PTC Industries Ltd, said a source familiar with the development. PTC Industries manufactures customised high alloy castings for application in oil and gas, power and marine sectors.The source said Pragati ......

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