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MoUs worth Rs 1,500 cr signed with UK: Khattar

Press Trust of India  |  Chandigarh 

today said ten memoranda of understanding (MoUs) were signed with the UK for various projects entailing investment of around Rs 1,500 crore with employment potential for around 1,000 persons.

Six MoUs were signed during a meeting with Lord at the House of Lords, the told reporters here today.

A delegation led by arrived back yesterday after a visit to and the UK.

The MoUs signed included that with Pontaq (UK India Innovation Fund), focusing on fintech, smart cities and emerging technologies; for promoting technology transfer, support services and establishing UK/European companies especially focused on Aerospace and Defence Sectors; and for undertaking Internet of Things (IOT) initiative.

An MoU has also been signed with for undertaking collaboration in skill development in Haryana, said.

During the visit, the delegation has explored the possibility of collaboration with the at for setting up a facility in which would lead to influx of major players like Rolls Royce, Metaltech, and Boeing, added Khattar.

He said the delegation also held a meeting with Transport for (TfL) which provided a broader perspective for implementation of a successful City Transport System for a growing city like

A team from led by the or would be tasked to visit UK to understand the principles and seek collaboration with for developing a comprehensive Transport System for Gurugram, and other urban areas in Haryana.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 16 2018. 20:40 IST