May 23, 2018 Economic Times https://tinyurl.com/
Post# of 22456
Advantage Assam Summit: Investment of Rs 1,00,000 crore committed
GUWAHATI: Assam chief minister, Sarbananda Sonowal said that post first global investor summit “Advantage Assam” state has managed to get Rs 1000 crore investment and another Rs 8000 Crore investment is in pipeline.
Advantage Assam held in February this year witnessed signing of 200 MOUs within investment proposal worth Rs 100,000 crore. The event was attended by Prime minister Narendra MOdi.
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1000 crore equals $140 million
100000 crore equals $14 Billion
MOUs are just paper and only a modest percentage of the 200 will complete into contracts, but just a few would make Qamronics very successful.