MoU1 Mar 2025, 06:17 pm
Nutricircle Ltd Enters MOU with Government of Assam for Food Processing Project
AI Summary
Nutricircle Ltd has entered into a Memorandum of Understanding (MOU) with the Government of Assam on 25th February, 2025. The purpose of this agreement is to establish a project for food processing and isolating protein from black rice in the State of Assam. The proposed investment for this project is up to Rs 100 crores. The MOU is valid for a maximum period of 12 months from the date of entering into the MOU.
Key Highlights
- Nutricircle Ltd has entered into an MOU with the Government of Assam for a food processing project.
- The project aims to isolate protein from black rice.
- The proposed investment for this project is up to Rs 100 crores.
- The MOU is valid for a maximum period of 12 months from the date of entering into the MOU.
- The MOU indicates the intention of investors and possible facilitation to be extended by the State Government.