HMT International to set up 2 centres in Harare and Bulawayo
New Delhi, June 20 (UNI) HMT (International) Ltd, the wholly owned subsidiary of Bangalore-based HMT Ltd, will set up a Indo-Zimbabwe Technology Centre (IZTC) in Harare and India Technology Centre (ITC) in Bulawayo with an investment of Rs 22.5 crore.
The project would be implemented under a grant from Indian Government to Government of Zimbabwe and would pave the way for infrastructure development of small and medium enterprises (SMEs) in Zimbabwe, a company statement said here today.
An agreement has been signed between HMT (International) Ltd and Ministry of External Affairs here in this regard.
UNI DKS CS KP1445
Story first published: Thursday, November 2, 2006, 16:39 [IST]