Tata Housing Development Company inked on Thursday two memoranda of understanding (MoUs) with the Assam government to develop commercial and residential projects in that State, report media.
The company signed a memorandum of understanding with the State's Industries and Commerce Department for development of commercial space including business parks and IT buildings.
The second MoU is with Guwahati Metropolitan Development Authority for development of township and other infrastructure projects under public-private partnership mode.
Company Chief Executive Officer and Managing Director Brotin Banerjee said the State had been developing in the past few years and had huge opportunities for increased economic development.
The MoUs were inked in the presence of Assam Chief Minister Tarun Gogoi and Tata Group Chairman Ratan Tata.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.