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Agreed on new investment of 6500 crores, earlier MoUs were done for 7200 crores. (file photo)

The Industries Department has increased its target for the second ground breaking. Now the second ground breaking will be Rs 15000 crore instead of ten thousand crore. Industries Department has signed MoU for investment of 13700 crores. To start the business, the department has also completed all the formalities related to the land. The ceremony is likely to take place in the second week of October. The department has also sought time from the government. The department has increased its target by Rs 5000 crores, to achieve which the department is in constant touch with the investors.

In order to achieve the second ground breaking target of Rs 15000 crores, the Industries Department has signed MoU on investment of 6500 crores. Recently, in the Single Window Clearance meeting, the government had approved the investment of 4200 crores, the department has signed MoU with those investors. A company has come forward to invest 1500 crores in the power sector. Three companies have also applied to the department for investment of 1000 crores for investment in textile and ethanol. Earlier, the department has already signed MoU on investment of 7200 crores when the department had set a target of ten thousand crores.

The target for second ground breaking has been increased from 10 thousand crores to 15000 crores now. Out of this, MoU has also been signed on investment of 13700 crores. The department will achieve its increased target for the second ground breaking proposed in October.
-Rakesh Prajapati, Director Industries Department

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