Alok Industries to raise Rs 2,000 crore via land sale in two years

Textile firm Alok IndustriesBSE -3.04 % today said it is planning to raise about Rs 2,000 crore through a land sale over the next 24 months as part of consolidating its debt and hopes to double exports in the next three years period. 

"We have decided to sell lands in Vapi, Silvassa and Mumbai worth Rs 2,000 crore. 

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