LIC AAO 06 Mar 2016 Paper

Question : 84 of 160

Marks: +1, -0

With a view to set up an LCD manufacturing unit at an Investment of USD 10 billion Anil Agarwal owned Twin star Display Technologies’ has recently (February, 2016) signed an agreement with the State Government of

Andhra Pradesh
Gujarat
Tclangana
Maharashtra
Karnataka

Validate

Solution:

Vedanta Group's owner Anil Agarwal will set up the country's first LCD panel manufacturing plant in Maharashtra with an investment of

\$

10 billion ( Rs 68,000 crore). The investment is through a new company called Twinstar Display Technologies, which is promoted by holding company Volcano Investments.

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