Minister for Major Industries J Geetha Reddy informed the State Legislative Council that 22 joint ventures have been taken up by APIIC and other companies with salient features of agreements and ratios.
Replying to a question raised by Ibrahim bin Asadullah Masqahi and B Bhaskara Rama rao, she said that Rs 20 crore have been received as value assets from joint ventures. She said that the government does not have any intention to withdraw the shares of APIIC. (INN)