Banas Dairy to invest Rs 2,100 crore in Gujarat, signs MoU

AHMEDABAD : Banas Dairy, the biggest diary of Gujarat, Saturday said it planned to invest Rs 2,100 crore in the state, stated an official release.

A Memorandum of Understanding (MoU) in this regard will be signed by Banas during the Vibrant Gujarat Global Summit held during January 10-12 next year. These investments are expected to create 1,094 new jobs, the release added.

Announcements in this regard were made at a pre-Vibrant Gujarat summit held in Banaskantha where Banas Dairy Chairman and Gujarat Assembly Speaker Shri Shankar Chaudhary was present.

At the pre-Vibrant Gujarat Summit, 21 industrial units had pledged investments worth Rs 383 crore by signing MoUs with the state government.