Punjab Woolcombers was incorporated on February 27, 1976 at Chandigarh. It was promoted by Punjab State Industrial Development Corporation (PSIDC) and later Oswal Woollen Mills joined as the co-promoter.
In the tear 1985, the production was lower due to higher quantity of re-combing of dyed wool tops. The company, in association with PICUP, promoted a company under the name and style of Oswal Foods to manufacture vanaspati with a capacity of 100 tonnes per day.
Business area of the company
The company is engaged in the activity of manufacturing wool tops and commission combing.