PSU NEWS
REIL pays all time high dividend to govt
NEW DELHI . Shri A.K. Jain, MD Rajasthan Electronics & Instruments Limited handed over the Dividend payment of Rs.2.15 Crore to CMD, Instrumentation Limited, Kota in the presence of Union Minister of Heavy Industries & Public Enterprises, Shri Anant G. Geete and Shri Girish Shankar, Secretary, Department of Heavy Industry (DHI). REIL paid an ever highest dividend for the year 2015-2016. Shri Anshu Prakash, Additional Secretary, Shri Vishvajit Sahay, Joint Secretary and Smt. Ritu Pande, Director, DHI were also present on the occasion.
While acknowledging the work being done by REIL, significantly contributing to National missions, Shri Anant Geete, emphasized that PSUs should work in synergy with “Make in India” mission of the Government and align their activities to make India a global manufacturing hub.
He advised REIL to focus on diversification and businesses in overseas market as country offers unlimited growth potential for Public Sector Industry, to increase domestic value addition and leverages across the borders.
Shri A.K. Jain, Managing Director, REIL, said the Company is changing its strategy and aiming to align with the prevailing business model in Solar PV sector.
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