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NRI contribute Rs 5 crore for world-class school in Jalandhar

New Delhi, July 4, 2005

NRI industrialist Lord Swraj Paul on Monday gave a gift to the place of his birth, Jalandhar.

Paul’s Caparo Group signed a Memorandum of Understanding (MoU) with the Punjab Technical University (PTU) to establish a school for manufacturing and material technology on the outskirts of Jalandhar. The school is expected to start from the academic year 2006.

Caparo is contributing Rs 5 crore for the project while PTU will provide 10 acres of land and contribute Rs 1 crore.

Besides Paul, PTU vice-chancellor Dr S.K. Salwan and K.K. Bhatnagar, principal secretary, technical education, Punjab government were present at the signing of the MOU.


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