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.”