Maharashtra government has signed Memoranda of Understanding (MoUs) worth ₹42,893 crore with multiple domestic and international companies, aiming to boost industrial development and generate 28,558 jobs across the state.
The agreements span sectors including data centres, solar energy, steel manufacturing, industrial equipment, and logistics.
Chief Minister Devendra Fadnavis announced the development during a formal signing event, stating that Maharashtra is emerging as the “data centre capital and solar energy integration capital of India.”
The MoUs include eight investment agreements and two strategic partnerships, including one with the United Kingdom to attract foreign direct investment.
Sector-Wise Investment and Job Creation Breakdown
The MoUs signed reflect a diverse portfolio of industrial and technological investments:
- Jupiter International Ltd will invest ₹10,900 crore in solar panel manufacturing, expected to create 8,308 jobs.
- Prestige Estate Projects Ltd will invest ₹12,500 crore in data centres, logistics, and real estate, generating 8,700 jobs.
- Webmint Digital Pvt Ltd plans a ₹4,846 crore investment in a data centre, creating 2,050 jobs.
- LNK Green Energy will invest ₹4,700 crore in green energy, generating 2,500 jobs.
- Wow Iron & Steel Pvt Ltd will invest ₹4,300 crore in the steel sector, creating 1,500 jobs.
- Rochak Systems Pvt Ltd and Rovison Tech Hub Pvt Ltd will invest ₹2,508 crore and ₹2,564 crore respectively in data centre projects, together creating 2,100 jobs.
- Atlas Copco will invest ₹575 crore in industrial equipment, expected to generate 3,400 jobs.
These investments are spread across key industrial zones and urban centres, with a focus on technology-driven infrastructure and sustainable energy.
Strategic Agreements and Hyperloop Momentum
In addition to the MoUs, the government signed strategic agreements with:
- Global India Business Corridor, aimed at attracting investments from the UK and Europe.
- TUTRR Hyperloop Pvt Ltd, to develop advanced transport systems at Jawaharlal Nehru Port Trust (JNPT) and Vadhavan Ports.
Chief Minister Devendra also announced renewed momentum for the state’s ambitious hyperloop project, now progressing with technical collaboration from IIT Bombay and IIT Madras.
“This project will bring transformative change in logistics, transportation, and mobility not only in Maharashtra but across India,” he said.
Maharashtra Government’s Commitment to Implementation
Devendra assured investors that the state government will provide full support from project initiation to completion.
He emphasized that these investment commitments reflect investor confidence in Maharashtra’s governance and infrastructure readiness, as well as the leadership of Prime Minister Narendra Modi.
The Chief Minister’s Office stated that the agreements are part of Maharashtra’s broader strategy to position itself as a hub for next-generation industries, with a focus on employment generation, sustainability, and global competitiveness.
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