Incorporated in 1974, APM Industries, a Company belonging to the Rajgarhia Group, is engaged in the manufacture and selling of Man-made Fibre's Spun Yarn and Sewing Thread. In 1993, the company implemented a modernisation-cum-balancing programme at its existing unit whereby, the installed spindleage increased from 19,136 to 20,608. The additional spindles were operational by mid-1994. The company has been expanding its capacity since 1990 --from 16,256 spindles to nearly 20,000 spindles.