45% of investment in Make in India industries projects on track: Maharashtra govt

[P@nThEr]

• Sun,05 Feb 2017

• 
  Summary: The state's latest data shows that investments worth Rs 1.66 lakh crores from these MoUs with the industries department are "on track". The company is seeking incentives for electronics manufacturing with the Central government, officials say. In terms of individual projects, 265 of the 338 MoUs with the industries department are on track, according to the government. On the MoUs within the MSME sector , officials say that 27% of the deals struck are in production, mainly through expansions. They account for Rs 2,940 crore or 10% of the investment promised in the MoUs for the MSME sector.
  
  
  MUMBAI: Regardless of the impact of demonetisation, the state government claims that almost half the investment promised in memoranda of understanding (MoUs) to the industries department during Make in India week a year ago are "on track".At the Make in India week last February, Maharashtra had generated MoUs worth nearly Rs 8 lakh crore. The deals involved state departments including energy, housing, industry, information technology, tourism and micro small and medium enterprises (MSME).Within this, MoUs worth Rs 3.65 lakh crore involved industrial projects, mainly in the field of manufacturing. The state's latest data shows that investments worth Rs 1.66 lakh crores from these MoUs with the industries department are "on track".
  
  In terms of individual projects, 265 of the 338 MoUs with the industries department are on track, according to the government. This includes 146 new projects and 63 expansions. The major on-track MoUs include the Rs 8,570 crore project of Renaissance Indus Infra and Rs 6,500 crore expansion projects of General Motors and Mahindra and Mahindra and a Rs 5000 crore project with Novozymes.However, the definition of 'on-track' has a wide range stretching from a land allotment committee meeting being conducted to offer letters being issued to the work actually being completed.
  http://www.nyoooz.com/mumbai/724773...industries-projects-on-track-maharashtra-govt

 

[proud_indian]

• Sun,05 Feb 2017

• 
  Summary: The state's latest data shows that investments worth Rs 1.66 lakh crores from these MoUs with the industries department are "on track". The company is seeking incentives for electronics manufacturing with the Central government, officials say. In terms of individual projects, 265 of the 338 MoUs with the industries department are on track, according to the government. On the MoUs within the MSME sector , officials say that 27% of the deals struck are in production, mainly through expansions. They account for Rs 2,940 crore or 10% of the investment promised in the MoUs for the MSME sector.
  
  
  MUMBAI: Regardless of the impact of demonetisation, the state government claims that almost half the investment promised in memoranda of understanding (MoUs) to the industries department during Make in India week a year ago are "on track".At the Make in India week last February, Maharashtra had generated MoUs worth nearly Rs 8 lakh crore. The deals involved state departments including energy, housing, industry, information technology, tourism and micro small and medium enterprises (MSME).Within this, MoUs worth Rs 3.65 lakh crore involved industrial projects, mainly in the field of manufacturing. The state's latest data shows that investments worth Rs 1.66 lakh crores from these MoUs with the industries department are "on track".
  
  In terms of individual projects, 265 of the 338 MoUs with the industries department are on track, according to the government. This includes 146 new projects and 63 expansions. The major on-track MoUs include the Rs 8,570 crore project of Renaissance Indus Infra and Rs 6,500 crore expansion projects of General Motors and Mahindra and Mahindra and a Rs 5000 crore project with Novozymes.However, the definition of 'on-track' has a wide range stretching from a land allotment committee meeting being conducted to offer letters being issued to the work actually being completed.
  http://www.nyoooz.com/mumbai/724773...industries-projects-on-track-maharashtra-govt

why are you posting in china and far east section?