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To invest Rs 100 crore in Gujarat over 4 years

MUMBAI: 20 Microns, manufacturer of white minerals, on Tuesday said is planning to invest Rs 100 crore over the next four years in Gujarat.

In a filing to the Bombay Stock Exchange, 20 Microns informed that “its group companies is planning to enter into nano minerals for extraction and manufacture of processed attapulgite, bentonite and hydrous clay in Gujarat and is proposing an investment of around Rs 100 crore over a period of 3 to 4 years”.

Further, the above projects are likely to provide more employment opportunities in the state. The memorandum of understanding for the above projects would be signed with the Gujarat government during the Vibrant Gujarat Summit.

The shares of 20 Microns were trading at Rs 14.80, up 0.10 per cent on the BSE. - PTI

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