In the presence of Chief Secretary, Shri C. S. Rajan, Rajasthan State Industrial Development and Investment Corporation (RIICO) and Glo-Tech Enterprises Company have signed a Memorandum of Understanding (MoU) in Jaipur, to set up a manufacturing facility for manufacturing of mobile phones, LED TVs and allied products. It will have an investment of around of Rs.1,000 crore.
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The MoU was signed between the Principal Secretary (Industries) and Managing Director, RIICO, Veenu Gupta, and the Chairman & Managing Director, Glo-Tech Enterprises Company, Narendra Bansal, and the Founder Chairman of Kandoi Group, Anand Singhal.
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This project will be set up at Karoli near Honda plant in the Bhiwadi region by Glo-Tech Enterprises Company.
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With two leading Indian manufacturing and marketing companies coming to Rajasthan, the Chief Secretary hopes it will have a cascading impact on investment in this field in the State. In fact, the state will become a frontrunner in “Make in India†and “Digital India†campaign of the Government of India.Technomania
RIICO and Glo-Tech sign MOU to set up Mobile phone manufacturing facility in Rajasthan
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In the presence of Chief Secretary, Shri C. S. Rajan, Rajasthan State Industrial Development and Investment Corporation (RIICO) and Glo-Tech Enterprises Company have signed a Memorandum of Understanding (MoU) in Jaipur, to set up a manufacturing facility for manufacturing of mobile phones, LED TVs and allied products. It will have an investment of around of Rs.1,000 crore.
Â
The MoU was signed between the Principal Secretary (Industries) and Managing Director, RIICO, Veenu Gupta, and the Chairman & Managing Director, Glo-Tech Enterprises Company, Narendra Bansal, and the Founder Chairman of Kandoi Group, Anand Singhal.
Â
This project will be set up at Karoli near Honda plant in the Bhiwadi region by Glo-Tech Enterprises Company.
Â
With two leading Indian manufacturing and marketing companies coming to Rajasthan, the Chief Secretary hopes it will have a cascading impact on investment in this field in the State. In fact, the state will become a frontrunner in “Make in India†and “Digital India†campaign of the Government of India.



