Google News
logo
Current Affairs - 2022
Which company sign agreement with South Korea's POSCO to develop steel mill?
A)
Tata Group
B)
Reliance Group
C)
Adani Group
D)
Aditya Birla Group

Correct Answer :   Adani Group


Industrialist Gautam Adani-led "Adani Group" has signed a pact with South Korea's "POSCO" to explore business opportunities in sectors like steel, renewable energy among others.
 
Both the entities have signed a memorandum of understanding (MoU) to this effect.
 
In a statement on Thursday(13th Jan 2022), Adani Group said the investment under the MoU is estimated to be up to $5 billion.
 
Adani Group said it "has agreed to explore business cooperation opportunities, including the establishment of a green, environment-friendly integrated steel mill at Mundra, Gujarat, as well as other businesses. The investment is estimated to be up to $5 billion."..

Source : Times Of India

Published On : January 14, 2022
Advertisement