Release id: 01/ 2018

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16 May, 2018

REIL inks MoU with MoHI&PE, Government of India for FY 2018-19

 

Rajasthan Electronics & Instruments Limited has signed MoU with the Department of Heavy Industry, Ministry of Heavy Industries & Public Enterprises Govt. of India, setting highest ever target of Rs. 280 crore revenue from operations for FY 2018-19 which is 17% higher than last year. Shri A.K. Jain, Managing Director, REIL signed MoU for performance targets of the Company for the year 2018-19 with Dr. A. R. Sihag, Hon'ble Secretary,  Department of Heavy Industry, Ministry of Heavy Industries & Public Enterprises, Government of India at New Delhi.  

 

On this occasion, Shri A.K. Jain stated that growth vision will be carried through product enhancement and cost reduction by wider geographical reach, diversification, absorption of new technology, corporate governance and aligning its activities in line with mission of Government such as Make in India, National Solar Mission, National Dairy Plan, Digital India and Skill India.

  

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