FreeCurrencyRates.com

इंडियन आवाज़     23 Sep 2017 06:11:40      انڈین آواز
Ad

Maharashtra announces policy to attract $5 bn investment

AMN /

Maharashtra government today announced a draft defense and aerospace manufacturing policy to attract investment of 5 billion dollars over a period of five years.

Hon'ble Chief MinisterThe highlight of the policy is creation of a fund of 1000 crore rupees to support defense manufacturers, especially the medium and small manufacturing enterprises.

Announcing the policy, Chief Minister Devendra Fadnavis said, Maharashtra is the first state to declare such a policy.

He said, the draft will be finalised after incorporating suggestions made by the industry and the defense ministry.

Speaking to media in Mumbai, Mr Fadnavis said, this initiative will also create one lakh job opportunities in the state.

He was speaking after the conference on defence and aerospace manufacturing– make in Maharashtra. Maharashtra government with the help of Defence ministry had organised the conference.

Defence Minister Manohar Parrikar was also present on the occasion. Mr Parrikar said, the fund being created to supplement defense manufacturers would be a game changer. The policy offers incentives and flexibility to manufactures.

FOLLOW US ON TWITTER

Leave a Reply

You have to agree to the comment policy.

Ad
Ad
Ad
Ad

SPORTS

Ghosal reaches semifinals of Macau Open

India's leading squash player, Saurav Ghosal, today moved into the semifinals of the Macau Open Squash Tournam ...

Pranaav Chopra-Sikki Reddy lose in Japan Open semis

India's campaign ended at the Japan Open Super Series after the mixed doubles pair of Pranaav Jerry Chopra and ...

Ad

Archive

September 2017
M T W T F S S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930  

OPEN HOUSE

Mallya case: India gives fresh set of documents to UK

AMN India has given a fresh set of papers to the UK in the extradition case of businessman Vijay Mallya. Ex ...

@Powered By: Logicsart

Help us, spread the word about INDIAN AWAAZ

RSS
Follow by Email20
Facebook210
Facebook
Google+100
http://theindianawaaz.com/maharashtra-announces-draft-policy-to-attract-5-bn-investment/">
LINKEDIN