Maharashtra Bags Massive Rs 1.08 Lakh Crore Investments in IT, Food Processing, and More
Mumbai’s business scene just got a huge boost! On Thursday, the Maharashtra government inked deals worth a whopping Rs 1,08,599 crore for exciting projects across information technology (IT), food processing industries, warehouses, data centres, and logistics hubs. These investments promise to create around 47,000 new jobs, giving a big push to the state’s economy.
Chief Minister Devendra Fadnavis was right there as the memorandums of understanding (MoUs) got signed. He highlighted how investors and industries drive Maharashtra’s growth. "Our government stands ready to meet every need of businesses and entrepreneurs," Fadnavis said. "We’re working hard to make investing in Maharashtra a smooth and positive experience."
One standout deal comes from Adani Enterprises Limited, which plans to pump in Rs 70,000 crore for an integrated coal surface gasification and downstream derivatives project. This mega initiative alone will generate 30,000 jobs, putting Maharashtra on the map for green energy and industrial innovation.
Fadnavis couldn’t stop praising his state’s strengths. "Maharashtra tops the charts as India’s most industry-friendly state," he noted earlier. "We offer the perfect ecosystem for investments, backed by our Ease of Doing Business reforms that create a welcoming environment for businesses."
The CM also shared plans for fresh policies to supercharge growth. "We’re rolling out new policies for 14 key sectors soon, including the vital service sector that fuels our economy," he explained. To make things even easier, the government launched the Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI) portal. It’s a one-stop online hub where entrepreneurs can grab all permissions quickly, without any hassle. "Our goal? Ensure every investor enjoys a great journey in Maharashtra," Fadnavis added.
With these moves, Maharashtra is gearing up to attract more investments in IT hubs, data centres, logistics, and food processing, solidifying its role as a powerhouse for jobs and economic progress in India.
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