POET Technologies Inc.

IT SECTOR INVESTMENT PACKAGE FOR STATE SOON

Quote:

Information Technology (DoIT) Principal Secretary G Srinivas presented the details on the....

proposed investment proposals offered by by m2i international, which is interested to invest 300 million dollars (Rs1,841 crore).

Considering the enormity of investment and huge employment opportunity it is likely to generate, the Chief Secretary asked officials to take up the matter on priority.

This investment is likely to generate 120.000 jobs out of which 20.000 would be direct and 100.000 indirect ones,said DoIT sources.