Idco inks MoU with industries department

Industrial Infrastructure Development Corporation (Idco) has signed a performance MoU (memorandum of understanding) with the industries department for 2012-13. The MoU was signed by P K Jena, chairman and managing director of Idco and Parag Gupta, industries secretary. The MoU signed as per the corporate governance manual of public enterprises department, delineates targets for Idco. The pact also stresses on speeding up land acquisition for industrial projects.