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<h1>Memorandum of Understanding sets sales target and revised performance parameters for a government manufacturing enterprise.</h1> The Memorandum of Understanding sets an annual sales target for SPMCIL and establishes a revised performance-evaluation framework based on Task Force recommendations, linking targets to profitability, market and product diversification, resource optimisation, and commitments on new product development, international tender participation, environment, safety and project implementation; it incorporates DPE-prescribed parameters for Research and Development, Sustainable Development, Corporate Social Responsibility, Corporate Governance and Human Resources Management.