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Indian state Jharkhand signs MoUs with FICCI, Flipkart Internet

09 Mar '21

1 min read

Pic: Shutterstock

India’s Jharkhand state recently signed memoranda of understanding (MoUs) with the Federation of Indian Chambers of Commerce and Industry (FICCI) and Flipkart Internet Pvt Ltd at the stakeholders’ meet in New Delhi on the draft Jharkhand Industrial and Investment Promotion Policy 2021. The MoUs will help create a conducive environment for cooperation and investment for the Flipkart unit.

In coordination with the state department of industries, Flipkart and its group companies will work towards infrastructure and industrial development, including social development.

FICCI will review its regional expertise, industry liaison, global networking and industrial and various regional policies to help the state government work towards promoting cooperation, ease of doing business and increasing private sector participation.

It will also help the state government in necessary technical advice and investment related to key priority areas such as textiles, food processing, pharmaceuticals, healthcare, micro, medium and small scale industries, and tourism, said a FICCI press release.

Textile being a high priority sector for the government, a roundtable was also organised with the Apparel Export Promotion Council and the Garment Exporters and Manufacturers Association.

Fibre2Fashion News Desk (DS)

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