HS Hoysung signs MoU for setting new plant in Maharashtra
Chemical sector firm HS Hoysung Advance Materials has signed a memorandum of understanding (MoU) with the state government of Maharashtra. The firm plans to invest Rs 1,740 crore to set up a greenfield polymer fabric plant at the new Butibori industrial estate in Nagpur.
For the project, the firm intends to purchase 70–100 acres of property in the Butibori estate.
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