The Tata group today signed a Memorandum of undestanding with the Tamil Nadu government

RELATED ARTICLES Mahindra Satyam, Intertek ink MoU for Smart Grid project Starbucks moving forward with MoU with Tata Coffee

to set up a Fisheries Institute of Technology and Training (FITT).

The FITI, to come up at Muttukadu village in Kancheepuram district, would evolve a plan to increase fish catch, breeding of sea fish and their sale, with TATA working as techinical partner with the state government.

It would also help increase fish population by setting up hatcheries, an official press release said.

TATAs would bear the expense of office rent, purchase of vehicles, purchase of foreign technology and training of Indian experts abroad for the first six months, the release added.