The Hinduja group would spend Rs 35,000 crore in the state, the Maharashtra government announced on Thursday. An MoU was signed between the state government and the Hinduja group in the presence of the chief minister, according to a tweet from the chief minister’s office.
The Hinduja group’s G P Hinduja and Ashok Hinduja were present. According to an official, the group has chosen 11 industries for investment in the state, including infrastructure, biotech, electric vehicles, manufacturing, and health. When Maharashtra lost some expensive contracts to other states earlier this year, notably the Vedanta-Foxconn semiconductor plant, the Shinde administration faced criticism.
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