Chief Minister Eknath Shinde Thursday signed a Memorandum Of Understanding (MoU) between the Maharashtra Government and Hinduja group for an investment worth Rs 35,000 crore in 11 sectors.
he pact was signed at the Varsha Bungalow of CM Shinde, in the presence of the Hinduja group’s G P Hinduja, Ashok Hinduja, and Prakash Hinduja.
CM Shinde thanked the Indian transnational conglomerate for prioritising investment in Maharashtra.
According to officials, the Hinduja group will invest Rs 35,000 crore in the state to boost the development of the state and create employment opportunities. The conglomerate will invest in the fields of renewable energy, media and entertainment, rural economic development, cyber security, commercial automobiles, banking-finance, health, infrastructure, education, manufacturing and new technology.
“A law will be brought in this regard soon and the government is giving other incentives to the industries. Maharashtra has a conducive environment for investment and skilled manpower is also available, the state government and administration are committed to providing all facilities to the entrepreneurs,” Shinde said.
