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Key MoUs exchanged in the presence of PM Modi on the sidelines of inauguration of #MakeInIndia Centre
#MakeInIndia: Pro-farmer MoUs signed in the presence of Prime Minister in Mumbai

1) MoU between Twin Star (Sterelite is Holding Company) and Maharashtra Industrial Development Corporation which is investing into LCD FAB with techno partner AUTRON from Taiwan. This will be first of its kind of project in India. The proposed investment will be Rs. 20000 Crores. 

2) MoU between M/s Hindustan Coca Cola Beverages Private Ltd. ,Jain Irrigation Pvt Ltd and Dept. of Agriculture and Marketing, Govt. of Maharashtra for setting up a Juice Manufacturing Facility to support farmers growing oranges in Vidarbha - the project intends to give higher value to orange growers and generate gainful employment. The project is expected to benefit 5000 farmers with an average landholding of 2 acres each.

3) MoU between M/s Raymond Industries and Maharashtra Industrial Development Corporation as part of “Farm to Fabric” initiative. Raymond intends to invest Rs. 1400 cr. for manufacturing of Linen Yarn and fabric and Garmenting. The unit will be set up in Nandgaon Textile Park at Amravati District which will procure cotton from the farmers in the district and Vidarbha region which has been affected by suicides and farmers distress.

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Prime Minister’s meeting with Mr. Masayoshi Son, Board Director and Founder, Softbank Corporation
May 23, 2022
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Prime Minister Shri Narendra Modi met Mr. Masayoshi Son, Board Director and Founder, Softbank Corporation on 23 May 2022 in Tokyo. Prime Minister appreciated Softbank’s role in India’s startup sector. They discussed Softbank’s future participation in India in key areas such as technology, energy and finance.

They discussed various reforms being undertaken to enable ease of doing business in India. Specific proposals were shared with Softbank where it could enhance its investments in India.