| Make in India Week: Day One : 3 MoUs worth Rs 21000 crore |
 Three MoUs envisaging total investment of 21,000 crore rupees were signed on the first day of the Make in India Week in Mumbai yesterday. The event was launched by Prime Minister Narendra Modi yesterday. Sterlite Group company TwinStar Display Technologies inked a memorandum of understanding with Maharashtra Industrial Development Corporation to set up an LCD manufacturing unit in technical collaboration with Autron of Taiwan. According to sources, the project entails investment of 20,000 crore rupees. The location of the plant will be decided shortly Another MoU was signed between Raymond Industries and MIDC as part of 'Farm to Fabric' initiative. Raymond intends to invest 1,400 crore rupees for manufacturing of linen yarn and fabric and garmenting. The third MoU was inked between Hindustan Coca Cola Beverages, Jain Irrigation Pvt Ltd and Department of Agriculture and Marketing, Government of Maharashtra for setting up a juice manufacturing facility to support farmers growing oranges in Vidarbha. The MoU was signed in the presence of Prime Minister Mr Modi and Maharashtra Chief Minister Devendra Fadnavis. |
Sunday, 14 February 2016
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