Grasim India signs MoU with Gujarat govt for setting up two units

Grasim India signs MoU with Gujarat govt for setting up two units

Gandhinagar: Grasim Industries Ltd today signed a memorandum for understanding (MoU) with Gujarat government for Rs 4100 crore investment under which two units will be set up in the State.

While one unit will come up at Vilayat GIDC estate in Bharuch district, the other unit will be set up at Kharch-Kosamba for which land will be allotted. Both unit jointly will be able to create 1,300 direct and indirect new jobs.

As per the MoU, both units will be made operational before year 2018 and 2020.

DeshGujarat