A Memorandum of Understanding was signed on Wednesday between Rajasthan State Industrial Development & Investment Corporation (RIICO) and Ultratech Cement Limited. The agreement was signed between RIICO Managing Director Rajendra Bhanawat and Ultratech Cement Company senior executive president Radhamohan Gupta.
RIICO will facilitate the project by way of land acquisition. The project is expected to start production in two years from the time of land acquisition.
