On the first day of the ‘Make in India’ week in Mumbai, the three MoUs between Maharashtra government bodies and various companies for total investment worth Rs. 21,000 crore have been signed. Twinstar Display Technologies, Raymond Industries and Hindustan Coca-Cola Beverages were among the companies that signed the MoUs for setting up manufacturing plants in India.
These MoUs were signed in the presence of Prime Minister Narendra Modi and Maharashtra Chief Minister Devendra Fadnavis.
The First MoU: TwinStar Display Technologies subsidiary of Sterlite Group Company has inked MoU with Maharashtra Industrial Development Corporation (MIDC) to set up an LCD manufacturing unit in technical collaboration with Autron of Taiwan. The project entails investment of 20,000 crore rupees. The location of the plant will be decided shortly.
Second MoU: Raymond Industries and MIDC have inked MoU as part of ‘Farm to Fabric’ initiative. Raymond intends to invest 1,400 crore rupees for manufacturing of abric, linen yarn and garmenting in the state. The unit will be set up in Nandgaon Textile Park at Amravati District which will procure cotton from the farmers in the district and Vidarbha region which has been affected by suicides and farmers distress.
Third MoU: Hindustan Coca Cola Beverages, Jain Irrigation Pvt Ltd and Department of Agriculture and Marketing of Maharashtra have inked MoU for setting up a juice manufacturing facility to support farmers growing oranges in Vidarbha region of state.
So lets discuss some questions about this artical which can be asked in the upcoming exams :
1. Make In India Week has been launched at which place ?
2. Who is the CM of Maharashtra ?
3. Name the 3 companies which have signed the MoU on the 1st day of the event ?
4. Expand the term MIDC ?