Jonjua Overseas Limited Sets Up Global In-house Centre (GIC) at Rs. 45 Crores

Jonjua Overseas Limited, a company listed and traded on BSE SME, has set up a Global In-house Centre (GIC) in Mohali. The GIC has been established at an approximate cost of Rs. 45 crores. The company has acquired certain tradenames, which are expected to strengthen its brand portfolio and enable it to enter or deepen its reach into new markets globally. The GIC also features a Business Library of Printed Books and e-Books, acting as a knowledge resource and idea funnel for businesses in the fields of aviation, aviation engineering/infrastructure, outsourcing, trading of unlisted securities, and agriculture. The GIC aims to be open to businesses globally, providing a basis for business growth. The company has mobilized resources for the set-up through internal generation or as a loan from promoters and promoter group, with no bank loans or government subsidies.