Maharashtra receives investment proposals worth Rs 6 lakh crore

Some of the big commitments came from Mahindra and Mahindra (Rs 8,000 crore), Mercedes (Rs 4,270 crore), Panchshil (Rs 5,000 crore), JSW Jaigarh Port (Rs 6,000 crore) and RCF Chemicals (Rs 6,204 crore) among others.
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Home » News » Economy

Feb 16, 2016, 10.52 AM | Source: PTI

Maharashtra receives investment proposals worth Rs 6 lakh crore

Some of the big commitments came from Mahindra and Mahindra (Rs 8,000 crore), Mercedes (Rs 4,270 crore), Panchshil (Rs 5,000 crore), JSW Jaigarh Port (Rs 6,000 crore) and RCF Chemicals (Rs 6,204 crore) among others.

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Maharashtra receives investment proposals worth Rs 6 lakh crore

Some of the big commitments came from Mahindra and Mahindra (Rs 8,000 crore), Mercedes (Rs 4,270 crore), Panchshil (Rs 5,000 crore), JSW Jaigarh Port (Rs 6,000 crore) and RCF Chemicals (Rs 6,204 crore) among others.

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Maharashtra receives investment proposals worth Rs 6 lakh crore
Maharashtra government said it has received investment commitments worth Rs 6 lakh crore in various sectors at an investment seminar during the Make in India Week here.

In the Maharashtra Investment seminar, we entered into 2,560 memorandum of understandings (MoUs) worth Rs 6.11 lakh crore. These investments will be made in diverse sectors and in various parts of the state - Marathwara, Vidharbha, northern Maharashtra, Konkan and Mumbai," Maharashtra Chief Minister Devendra Fadnavis told reporters on the sidelines of the mega event here.

Some of the big commitments came from Mahindra and Mahindra (Rs 8,000 crore), Mercedes (Rs 4,270 crore), Panchshil (Rs 5,000 crore), JSW Jaigarh Port (Rs 6,000 crore) and RCF Chemicals (Rs 6,204 crore) among others.

Fadnavis said the government will now start working on translating these MoUs into a real action.

"These MoUs will help in generation of employment for 20 lakh youth," he said.

The Chief Minister said he is keen to provide seamless mobility in Mumbai by connecting railways, roads and metros which have the potential to attract up to Rs 4-5 lakh crore of staggered investments in Mumbai Metropolitan region over the period of next 5-10 years.

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