UST Global has committed to invest `400 crore in Madhya Pradesh. The company signed the Memorandum of Understanding (MoU) with the State Government at an investors road show in New York on September 30, 2016.
US headquartered IT company UST Global said it has committed investment to the tune of `400 crore in Madhya Pradesh and will set up its one campus in the state. The company had earlier signed the Memorandum of Understanding (MoU) with the Madhya Pradesh Government at an investor’s road show in New York on September 30, 2016.
UST Global Chief Administrative Officer Alexander Varghese said on Wednesday, “We are committing to invest `400 crore in Madhya Pradesh. We will be building our own campus that will be spread over an
area 10 acres.”