BUSINESS

MoUs signed for setting up steel plants

BHUBANESWAR: The Orissa Government on Saturday signed memoranda of understanding with ten different companies interested to set up small steel plants in the State. The MoUs were signed in the presence of the Chief Minister, Naveen Patnaik. The plants, to be set up with an investment of more than Rs. 2,600 crores, are likely to become operational in 3-5 years.

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