December 2016 Current Affairs

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Aditya Birla Group to invest Rs 20000 cr in Madhya Pradesh

Aditya Birla Group to invest Rs 20000 cr in Madhya Pradesh
24 October 2016 Current Affairs: 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.

 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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