Aditya Birla Group to invest Rs 20000 cr in Madhya Pradesh

Posted on:24 Oct 2016 09:34:19

Aditya Birla Group to invest Rs 20000 cr in Madhya Pradesh
24 October 2016 Current Affairs GK: Aditya Birla Group Chairman Kumar Mangalam Birla has pledged an investment of Rs. 20,000 crore for the state in sectors like retail, telecom and cement.

Birla said the group has five world-class facilities, including Grasim and chemical plants, in Madhya Pradesh.

The group’s Idea Cellular covers over 58 per cent of the population, he said, adding that the group remains committed to further expanding this vast network and bringing more people under the coverage of its mobility services in the state.

This is now available with more than 2.8 crore and our intent is to double this coverage over the next 3 years.

Idea provides entrepreneurial opportunities to some 2,300 distributors and 1.45 lakh retailers in the state. The group is also looking at increasing Idea’s 3G and 4G sites and optical fibre cable expansion. “In all our key businesses like viscose fibre, cement, metals, telecom, retail and financial services, we have a significant presence in the state.

The group is exploring a greenfield cement plant, an investment of Rs. 3,000 crore in expansion of Hindalco’s smelter and opening of more retail stores for Pantaloons and Madura Garments, besides foraying into the solar sector.

 

Gk Current Affairs April 2017

27 APRIL
NEWS
26 APRIL
NEWS
25 APRIL
NEWS
24 APRIL
NEWS

Gk Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS

Gk Current Affairs February 2017

28 FEBRUARY
NEWS
27 FEBRUARY
NEWS
25 FEBRUARY
NEWS
24 FEBRUARY
NEWS




Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.