MARKET & ECONOMY​

The Jharkhand Government has signed an MoU with Orient Craft for construction of two textile parks at a cost of Rs 1,500 crore on a 140-acre land. The MoU was signed during the launch of a roadshow named ‘Momentum Jharkhand’ in Mumbai to promote Jharkhand’s global investors summit scheduled for February.

Elbit Vision Systems Ltd, a global leader in the field of Automatic Optical Inspection (AOI), implemented in the production and quality control of textile fabrics and technical webs, has received orders totaling about $1 million from China.