Maharashtra Signs ₹1.08 Lakh Cr MoUs to Create 47,000 Jobs
MoUs signed across IT, infra, and manufacturing sectors.
The Maharashtra government has signed Memorandums of Understanding (MoUs) worth Rs 1,08,599 crore with leading companies, fostering significant economic growth and job creation across diverse sectors, including information technology, food processing, warehousing, data centres, and logistics hubs. Chief Minister Devendra Fadnavis announced that these agreements are expected to generate 47,000 direct jobs, underscoring the state’s commitment to industrial development and investor confidence.
Speaking at the signing ceremony, Fadnavis emphasized the pivotal role of investors and industries in driving Maharashtra’s economic progress. “We are making concerted efforts to ensure entrepreneurs have a positive investment experience in Maharashtra,” he stated, assuring that the government is dedicated to meeting industry expectations and fostering a conducive business environment.
The MoUs encompass several high-impact projects. MGSA Realty will invest Rs 5,000 crore in industrial warehouses, data centres, and logistics hubs, creating 10,000 jobs. Lodha Developers Ltd. will establish a Green Integrated Data Centre Park in Ambernath, Thane district, with an investment of Rs 30,000 crore, generating 6,000 jobs.
Adani Enterprises Ltd. will commit Rs 70,000 crore to an integrated coal surface gasification downstream derivatives project in Kamleshwar Linga, Nagpur district, expected to create 30,000 jobs. Polyplex Corporation Ltd. will invest Rs 2,086 crore in a polymer products project in Nandurbar, providing employment to 600 individuals. Additionally, Reliance Consumer Products Ltd. will set up an integrated food and beverages manufacturing facility in Katol, Nagpur district, with an investment of Rs 1,513 crore, creating 500 jobs.
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The agreements were formalized through an exchange of MoUs between P. Anbalagan, Secretary of the Industry Department, representing the Maharashtra government, and company representatives, including Amarprakash Agarwal (MGSA Realty), Abhishek Lodha (Lodha Developers Ltd.), Ketan Modi (Reliance Consumer Products Ltd.), Ajit Barodia (Adani Enterprises Ltd.), and Pranay Kothari (Polyplex Corporation Ltd.).
These strategic investments mark a significant step toward positioning Maharashtra as a hub for innovation and industrial growth, with far-reaching impacts on employment and economic development.
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