The process includes rigid review and approvals from the design phase through supplier review and quality control tests for each component and the final product.
Both deals are subject to a number of conditions including due diligence, regulatory and legal approvals, the agreement of the final sales and purchase contract and shareholders' agreement.
Hoping to make a quick buck with the government policy of reimbursing fees, the educational institutions got approvals for another 75 engineering colleges last year.
