Haryana government signs MoU with United Technologies
Haryana Chief Minister has signed an MoU with the Connecticut-based firm United Technologies for setting up a facility to manufacture air conditioners in Gurgaon and to expand its operations in Haryana.
As per the MoU United Technology will set up its air conditioner business unit “Carrier” in eight acres land in Gurgaon which expects to generate 2,000 jobs in the state.
This MoU was signed by Haryana CM on his maiden nine day tour to US and Canada with the business delegation which will end on 24 August.
Haryana Government has scheduled nine-day tour to US and Canada under which Haryana Chief Minister will visit New York, Washington D.C., San Francisco, Vancouver and Toronto and will seek investments in IT, Renewable energy, Services, Manufacturing sector.
About United Technologies Corporation (UTC):
It is an American multinational conglomerate based in Connecticut, United States incorporated in 1975.
It has its foot prints in researches and manufactures high-technology products in numerous areas that include aircraft engines, helicopters, Air conditioners, fuel cells, escalators and elevators, fire and security, industrial products and building systems.
Its notable business units are –Sikorsky helicopter manufacture, Otis– elevator, Carrier– Air Conditioners, Pratt & Whitney– Air craft engine and aero space component developer.
Categories: Business & Economy Current Affairs 2017