Maharashtra Govt inks MoUs worth Rs88,420 crore in Davos so far

18 Jan 2023 , 11:24 AM

Maharashtra Government has signed MoUs for investment proposals worth Rs 88,420 crore during the ongoing World Economic Forum (WEF) meeting at Davos, the CM said on Tuesday.

Maharashtra is also currently engaged in talks with the Bank of Japan regarding Supa Industrial Estate.

Further, the list of MoUs include the US-led New Era Cleantech Solution coal gasification project at Bhadravati in Chandrapur with an investment of Rs 20,000 crore and 15,000 jobs, Britain’s Varad Ferro Alloys worth Rs 1,520 crore in Charmoshi in Gadchiroli (2,000 jobs), Israel’s Rajuri Steels and Alloys subsidiary in Chandrapur for Rs 600 crore (1000 jobs), and Portugal’s Elite Plast Auto Systems for Rs 400 crore plastic automotive project in Pimpri in Pune (2000 jobs).

The State Government also inked an MoU agreement with Gogoro Engineering and Badve Engineering for an investment worth Rs20,000 crore related to auto projects with creation of 30,000 jobs.

Greenko Energy Projects Pvt Ltd will invest Rs12,000 crore, Berkshire Hathaway Home Services Orenda India Rs16,000 crore, ICP Investments/ Indus Capital Rs16,000 crore, Rukhi foods Rs250 crore and Nipro Pharma Packaging India Pvt Ltd Rs1,650 crore, the report said.

For feedback and suggestions, write to us at [e-mail]