国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

India's Maharashtra lags in converting investment pacts into operations

Source: Xinhua| 2019-03-12 13:26:54|Editor: Xiaoxia
Video PlayerClose

MUMBAI, March 12 (Xinhua) -- Unavailability of sufficient land and lack of environment clearances led to conversion of only 1,337 agreements from a total of 6,718 Memoranda of Understanding (MoUs) signed in the past three years in the Indian state of Maharashtra, local media reported Tuesday.

In 2016 and 2018, the western state signed agreements worth 114.9 billion U.S. dollars during the Make in Maharashtra initiative followed by investment of nearly 173.78 billion U.S. dollars during the Magnetic Maharashtra drive, respectively.

Many agreements signed during big-ticket events did not materialize in the absence of better road connectivity, and lower stamp duty, the Hindu daily reported quoting state officials.

Of the 3,868 MoUs in 2018, only 243 managed to cross the manufacturing stage, the last of the total three stages. Around 1,425 entered land acquisition proceedings and another 195 began construction, the second and third stages respectively.

Of the MoUs entered in 2016, 884 entered land acquisition proceedings, 548 started construction while 1,094 crossed the manufacturing stage.

"This is not a bad conversion rate considering it has not been long since Magnetic Maharashtra (in 2018) concluded. We are looking to attract another 3,500 units under the new Industrial Policy," said state Secretary (Small and Medium Industries) and Development Commissioner (Industries) Harshadeep Kamble.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001378885071
主站蜘蛛池模板: 衡阳市| 日照市| 德阳市| 连山| 台北县| 清徐县| 大埔区| 南江县| 普兰县| 奇台县| 洛南县| 富顺县| 封丘县| 抚松县| 区。| 永修县| 潞城市| 黄冈市| 怀来县| 天台县| 台东县| 荥阳市| 上虞市| 定日县| 乐至县| 禄丰县| 阿拉善左旗| 庆元县| 黔西| 宁安市| 昆明市| 柞水县| 新乡市| 阿鲁科尔沁旗| 微山县| 武胜县| 峨眉山市| 吴堡县| 琼海市| 鱼台县| 通化县|