Eight companies to invest & create 18,000 new jobs in Pune

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Eight companies to invest & create 18,000 new jobs in Pune
These companies will establish themselves in Talegaon and Chakan Phase II Industrial areas in the City. After signing MOUs, the process of land transfer and administrative formalities are already underway.

Eight companies to invest & create 18,000 new jobs in Pune

The Maharashtra Government has recently signed MoUs with eight mega-companies that will invest about Rs. 10,000 crores and generate employment for over 18,000 people in Pune region.

These companies will establish themselves in Talegaon and Chakan Phase II Industrial areas in the City. After signing MOUs, the process of land transfer and administrative formalities are already underway.

Sadashiv Survase, joint director of the Maharashtra Directorate of Industries, said that of the eight companies that will invest in the Pune region, five are involved in logistics while the rest are involved in electronics and data centres. For logistic parks a part of Chakan is already set aside. Currently the logistics parks in the region are doubling up as their houses for various organizations.

Earlier this month, MOUs with 50 National and international companies were signed by the Maharashtra government in a bid to bring investment to the state of rupees 34,850 crores and create over 23,000 jobs.

Of the total MOUs signed seven pertain to data centres- for Nextra Princeton Digital Group, Adani Enterprise, Net Magic IT Services, Mantra Data Centres, STT Global Data Centre India and Colt-Data Centre Holdings India LLP. For this project the total investment of rupees 25,000 crore will go.

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