Gwalior, Aug 26 (UNI) Union Steel, Chemicals and Fertiliser Minister Ramvilas Paswan today laid the foundation stone for a Rs 85-crore steel-processing unit at this district's Biloua, official sources said.
''The unit will open a fresh chapter in development and employ thousands,'' he said while expressing gratitude to the Madhya Pradesh government for speedy allotment of land.
Chief Minister Shivraj Singh Chouhan was chief guest. The Steel Authority of India unit would be the fifth in the country and third in the state.
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