Connect with us

Business

Andhra inks MoUs worth Rs.4 lakh crore at Partnership Summit

Published

9 years ago

on

ciiVisakhapatnam:Andhra Pradesh has signed MoUs with various companies involving investment of about Rs.4 lakh crore during the first two days of CII Partnership Summit here, officials said on Monday.

While 32 MoUs envisaging investment of Rs.1.95 lakh crore were signed on Sunday, 245 pacts for an equal investment were inked on the second day.

The total investment is expected to create employment for over 1.5 lakh people.

The state was expecting MoUs worth Rs.2 lakh crore during the three-day event, but the response was beyond its expectations. A state minister said by the end of the summit the total committed investment may exceed Rs.5 lakh crore.

On the second day, 15 MoUs were signed for an investment of Rs.66,600 crore in energy and infrastructure. MoUs worth Rs.5,992 crore were signed in food processing sector while four MoUs were inked in retail sector involving an investment of Rs.1,500 crore.

Andhra Bank signed MoU with the state government for providing Rs.5,000 crore loan for development of state capital Amaravati. Another agreement was signed for building world trade centre in the capital at a cost of Rs.800 crore.

As many as 63 IT companies have come forward to set up their operations in the state with an estimated investment of Rs.3,368 crore.

Amara Raja Group has come forward to invest Rs.5,000 crore in the state.

The MoUs involving huge investment include Rs.38,500 crore by Visakhapatnam Steel Plant.

In energy sector alone, 22 MoUs worth Rs.1.55 lakh crore were signed on Sunday. The proposed power plants will generate 17,472 MW.

The other major pacts inked by the state include the one with Anil Ambani-led Reliance Group which has come forward to develop a naval shipbuilding facility here with an investment of Rs.5,000 crore.

The state also signed an MoU with Bharat Forge, which will develop Rs.1,200 crore integrated auto component park in Nellore district.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending