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    Question

    Japan’s Mitsubishi Electric Corporation has signed an

    agreement with which state to set up a Rs 1,895-crore unit, marking a rare instance of 100 per cent foreign direct investment (FDI) in electronic equipment manufacturing in India?
    A Gujarat Correct Answer Incorrect Answer
    B Kerala Correct Answer Incorrect Answer
    C Tamil Nadu Correct Answer Incorrect Answer
    D Karnataka Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Japan’s Mitsubishi Electric Corporation has signed an agreement with Tamil Nadu to set up a Rs 1,895-crore unit, marking a rare instance of 100 per cent foreign direct investment (FDI) in electronic equipment manufacturing in India. The unit will manufacture room ACs and compressors and provide jobs to more than 2,000 people.

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