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Maharashtra: Trump company to invest Rs 300 cr, says minister Uday Samant

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Stuttgart/Mumbai/UNI: Maharashtra State Industries Minister Uday Samant Sunday informed that the Trump company will invest about Rs 300 crore in Maharashtra in the next two years.

Uday Samant is currently on a visit to Germany to increase investment and job creation in the state.

According to an official press statement, on the first day, Samant visited the Trump company in Stuttgart and had a positive discussion about investment growth.

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Uday Samant (@samant_uday) January 13, 2023

At this time, it was suggested that the Trump company will invest about Rs 300 crore in Maharashtra in the next two years.

During his Germany, Samant visited Trump Companys production facility in Stuttgart.

Richard Banmueller, CEO of Trump Company and Sandeep Patil, Managing Director of Trump India welcomed Samant.

Banmueller presented the companys state-of-the-art laser cutting machines and folding machines.

These machines are being used to manufacture electric vehicle (EV) batteries and battery storage units.

Trump Company is keen to start a manufacturing plant in Maharashtra for these machines.

For this Samant has invited the company to visit Maharashtra and has assured that the Maharashtra government will provide full cooperation for the same.

The company clarified that the representatives of the company will visit Maharashtra next month and inspect the site.

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