Chhattisgarh govt signs two MoUs for ethanol plant, drone and UAV unit

The Chhattisgarh government signed two MoUs (Memorandum of Understandings) at the Chhattisgarh Business Summit 2022 at India International Trade Fair-2022 in Pragati Maidan in New Delhi.

Agreements were made to establish ethanol producing facilities as well as a drone and unmanned aerial vehicle manufacturing facility.

A memorandum of understanding (MoU) was signed by the state government and Rajesh Gautam of NKJ Biofuel, Durg for the establishment of an ethanol production plant in the cooperative sector with a Rs 140 crore investment.

A second MoU was signed with Manish Bajpai of Day best Research Private Ltd for the establishment of 4500 drone and UAV manufacturing units at a Rs 50.95 crore investment.

In the Business Summit, Labor Minister Shiv Dharaiya said, “Chhattisgarh is a progressive state full of possibilities. Many types of concessions and facilities are being given to the entrepreneurs under the new industrial policy of the state government.”

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