Question

Japan’s Mitsubishi Electric Corporation has signed an agreement with which state government to set up a Rs 1,895-crore unit, marking a rare instance of 100 per cent foreign direct investment (FDI) in electronic equipment manufacturing in India?

A Chhattisgarh Correct Answer Incorrect Answer
B Odisha Correct Answer Incorrect Answer
C Tamil Nadu Correct Answer Incorrect Answer
D Jharkhand Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Japan’s Mitsubishi Electric Corporation has signed an agreement with Tamil Nadu to set up a Rs 1,895-crore unit, marking a rare instance of 100 per cent foreign direct investment (FDI) in electronic equipment manufacturing in India. The unit will manufacture room ACs and compressors and provide jobs to more than 2,000 people.

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