A Memorandum of Understanding (MoU) was today inked in Jaipur between Rajasthan State Industrial Development & Investment Corporation (Riico) and Ultratech Cement Limited (Birla Group) for setting up a Rs 2,000-crore cement project in Jhunjhunu district. The MoU was signed by Riico Managing Director Rajendra Bhanawat and Ultratech Cement Company Senior Executive President Radhamohan Gupta.
With an annual installed capacity of three million tones – the project will provide direct and indirect employment to a number of persons. It will be established on around 1,006 hectares of land.
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