INVC NEWS
Haryana,

The high-level delegation the Chief Minister Manohar Lal, is leading to UK, today signed two MOUs in London, one for cooperation with the University of Birmingham for utilizing knowledge to boost agricultural production and productivity; and another with Johnson Matthey, a British multinational, for a project involving investment of Rs 800 crore in Haryana.

The MOUs were preceded by detailed discussions the Chief Minister and his team had with representatives of the University of Birmingham and top brass of Johnson Matthey. During the discussion with university officials, the Chief Minister stressed the need for use of knowledge for increasing agri production and productivity, which would result in increase in the income of farmers.

The MOU with Johnson Matthey was signed by Mr T L Satyaprakash, Managing Director, HSIIDC, and Mr Philip Blakeman, Managing Director, Johnson Matthey Asia Pacific, in the presence of the Chief Minister for setting up a new Rs 800-crore facility in Haryana.
The MoU with University of Birmingham was signed by Mr T L Satyaprakash on behalf of Haryana Government and Prof. Tim Jones, Provost and Vice Principal of Birmingham University in the presence of the Chief Minister, Mr Manohar Lal.
Johnson Matthey already has two entities in India – Johnson Matthey India Private Limited (JM India) and Johnson Matthey Chemical India Private Limited. Both these are operating as 100% subsidiary of Johnson Matthey Plc.
Project JM India is having two manufacturing lines suitable for products of current architecture. In order to be able to produce highly advanced and complex parts to meet BS-VI norms with higher volumes, it would set up two additional lines by January 2020.
The JM India Expansion Project involves building these two lines (one 4-wheeler production line and one two-wheeler production line) based on JM best practices along with some modifications to meet local norms. The company will need a land parcel of approx 10 acres to set up these additional lines.
The project cost of Rs 800 crore involves land acquisition, construction, installation of machines, commissioning, training of manpower and creating support infrastructure.
JM India proposes to augment capacity by building a new plant in NCR or around it to get the maximum advantage of proximity to the clients and support from existing plant at IMT Manesar. The project will require sanctions and statutory approvals by the first week of August, 2018 to match the tight timeline.
Johnson Matthey (JM), a British multinational dealing in chemicals and sustainable technologies and headquartered in the UK, has been operating in India for more than four decades, providing globally acclaimed services across a wide range of industries. These include pharmaceuticals, automotive, precious metals, fertilizers, contract research organizations, laboratories and refineries.
Leader in the field for more than 200 years, JM enjoys unrivalled scientific expertise to enable cleaner air, improved health and the more efficient use of our planet’s natural resources. It applies expertise to the next generation of products and services, preparing customers for the challenges of tomorrow.
As a global leader in sustainable technologies, it applies cutting-edge science to create solutions for customers which make a real difference.

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