Dubai-based diversified RP Group of Companies has evinced interest in investing in developing integrated multi modal logistics hubs and affordable housing under the Pradhan Mantri Awas Yojana (PMAY) in Haryana. The offer was made by the group's Founder and Managing Director Ravi Pillai, who called on Chief Minister Manohar Lal Khattar here today, an official release said.
The group has offered to construct low-cost houses for industrial workers in Manesar, Bahadurgarh and Kundli with new technology which will ensure completion of the construction work within one year, it said.
Pillai also offered to invest in the Integrated Multi Modal Logistics Hub at Nangal Choudhary in Mahendergarh. Aimed at decreasing the time taken in the movement of goods, this project will be developed as the largest logistics hub in north India.
TRENDING NOW
Earlier, welcoming Pillai, Khattar said the state government planned to development an economic corridor on both sides of the Kundli-Manesar-Palwal (KMP) Expressway.
First phase of the expressway is already functional and the remaining part would be operational by March 2018. Khattar told Pillai that a high-level delegation led by him would be visiting Dubai on a three-day visit to invite investors to come and invest in Haryana.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
10:18 pm
PwC Australia gave clients other than Google confidential tax info
US yields hit 2007 levels as Fed signals, shutdown fears stoke angst
Industrial production growth rises to five-month high of 5.7% in July
IMF urges pact to boost its resource quota, strengthen world economy
Australian economy grows modestly in Q2, eases recession fears
