10 Sep 2008 | 12:40
Usher Agro enters into MOU with Satake Corporation
Usher Agro has entered into MOU with Satake Corporation, Japan for
expansion of rice milling capacity by another 1 million tonne. Satake
will be providing the plant & machinery for the interest free
credit period of three years. The MoU provides that the company will be
extended with the technical know-how of the better use and production
of bye products of rice, for exclusive right of use this technology in
India for a specified period.
Usher Agro enters into MOU with Satake Corporation
Usher Agro has entered into MOU with Satake Corporation, Japan for
expansion of rice milling capacity by another 1 million tonne. Satake
will be providing the plant & machinery for the interest free
credit period of three years. The MoU provides that the company will be
extended with the technical know-how of the better use and production
of bye products of rice, for exclusive right of use this technology in
India for a specified period.
The company made this announcement during the trading hours today, 10 September 2008.
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