Small Industries Development Bank of India (SIDBI), signed a memorandum of understanding (MoU) with the Uttar Pradesh (UP) government’s Department of MSMEs and Export Promotion to help develop private industrial parks in the state under the latter’s PLEDGE scheme.

The Uttar Pradesh government signed a memorandum of understanding (MoU) with hypermarket and retail giant Lulu Group to set up six shopping malls and one hotel in the state. As per the MoU, Lulu will set up shopping malls and hypermarkets in Noida, Varanasi, Gorakhpur, Ayodhya, Kanpur, and Prayagraj with a total investment of Rs 4,500 crore.

Welspun One Logistics Parks (WOLP) has entered into a Memorandum of Understanding (MoU) with the government of Karnataka to broaden its presence in the warehousing sector in South India. The company intends to spend a total of Rs 2,000 crore in Karnataka with the support of this association.

Intel signed a memorandum of understanding (MoU) with original design manufacturer VVDN Technologies, which will design, develop, and manufacture Intelbased products for telecom, networking, cloud and 5G in India.

Hindalco has signed a memorandum of understanding with Israel’s metal-air battery technology pioneer Phinergy to develop and pilot the production of aluminium plates for aluminium-air batteries in India

Convergence Energy Services (CESL) has signed a Memorandum of Understanding (MoU) with Three Wheels United (TWU) for procurement of 70,000 electric three-wheelers (E3Ws) for Indian roads over five years.

RITES has teamed up with the Centre for Railway Information Systems (CRIS) for the development of smart IT solutions for the railway industry.

The Ministry of Railways has signed a memorandum of understanding with the Centre for Development of Telematics (C-DOT) for modernisation of telecommunication facilities related to operations and safety

UAE-based retail major announced an investment of Rs 3,500 crore in Tamil Nadu to set up shopping malls, hypermarkets and a food-logistic park. A memorandum of understanding (MoU) to this effect was also signed.