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German engineering giant Siemens has announced investing Rs 1,200 crore to set up eleven Centers of Excellence in Gujarat
TT Correspondent |  |  15 Oct 2014

“We have signed an MoU with Siemens to set up Centers of Excellence (COE) in six engineering colleges in Gujarat. Siemens will spend Rs 119 crores while government will spend Rs 17 crore on each of these institutes. In total, they will spend Rs 1,200 crore on eleven engineering colleges," said Gujarat’s finance minister Saurabh Patel.

According to Gujarat’s roads and buildings minister Nitin Patel, the centers of Excellence will churn out 69,000 trained professionals in the field of auto industry, aero space, defence industry and ship building.

    
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15 Oct 2014(IST)  
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