US EditionChakwal Spinning Mills Invests Rs1.6 Billion in Cloud Tech
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Chakwal Spinning Mills Invests Rs1.6 Billion in Cloud Tech
Chakwal Spinning Mills Limited is taking a significant step forward in expanding its business scope. The company has announced an investment of over Rs. 1.6 billion in data center and cloud operations in Pakistan, marking a clear shift from its traditional textile business. A term sheet worth Rs. 1.1 billion has already been approved by the Board of Directors, while an additional Rs. 500 million investment is currently under review. The board ha…
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