Government enters MoU
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Home / Andhra Pradesh News / 2006 / November / November 9, 2006
Government enters MoU with Novartis

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Government enters MoU with Novartis
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Features: Information Technology in Andhra Pradesh

Government enters MoU with Novartis

Novartis to invest Rs. 500 crore - To employ 5000 persons

Hyderabad, November 9, 2006

The Andhra Pradesh State Government entered into a Memorandum of Understanding with Novartis, the fourth largest pharmaceutical company in the world for setting up of health care related information technology enabled services in addition to development facilities.

IT Secretary K. Ratna Prabha and Novartis India Vice Chairman and Managing Director Ranjit Shahani signed the MoU in the presence of the Chief Minister, Dr. YS Rajasekhara Reddy on Thursday. The company plans to invest Rs.300 to Rs.500 crore in the near future and provide employment to nearly 5000 persons according to a press release issued.

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Andhra Pradesh on November 9 , 2006

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Novartis to invest Rs. 500 crore - To employ 5000 persons

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November 9 in History

Events and happenings on 9 November in History

9 November 2001
Highlights: Legal Services Day observed

9 November 2002
Highlights: Government to simplyfy its procedures

9 November 2003
Highlights: Lakshman agrees he is kidnapped

9 November 2004
Highlights: MRPS planning agitation

9 November 2005
Highlights: Arrested TDP leaders may get bail

9 November 2006
Highlights: Government enters MoU with Novartis

9 November 2007
Highlights: New cars for Chandrababu Naidu Convey






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