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ARIHANT THREADS LIMITED was promoted in Joint Sector by Arihant Industries Limited and Arhant Cotsyn Limited in collaboration with The Punjab State Industrial Development Corporation Limited (PSIDC). It was incorporated as a Public Limited company on 14th February, 1992 and received Certificate of Commencement of Business on 24th February, 1992. The company is in the process of setting up a Ring Spinning Unit of 25200 spindles for the manufacture of cotton/cotton blended yarns at Goindwal Sahib Amritsar Distt. in the State of Punjab.