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Embassy Industrial Parks, a joint venture between Embassy Group and Warburg Pincus, signed an MoU with the Haryana Government.
The company signed MoU at the Happening Haryana Global Investors Summit 2016, for the development of three industrial parks around Gurgaon with a projected investment of Rs 1,910 crore and an employment potential of 4,000 people.
The projects is intended to support the booming E-commerce as well as the retail and FMCG companies to consolidate in a post GST scenario.
Anshul Singhal, Chief Executive Officer, Embassy Industrial Parks, said, “We are happy to see the proactive and professional approach of the Haryana government to help private companies like Embassy Industrial Parks, grow operations in the state of Haryana. Embassy Industrial Parks is confident of achieving its goals in the state with the support of the government. With this support, we promise to host world class infrastructure that will help both multinational and domestic companies’ set-up factory operations in the State."
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