The Maharashtra government has signed MoUs worth ₹1.08 lakh crore to attract investments in IT, logistics, food processing, and other sectors. These projects, including a ₹70,000 crore Adani investment, are expected to generate 47,000 jobs across the state.
In a major step to strengthen its industrial and economic growth, the Maharashtra government on Thursday signed memorandums of understanding (MoUs) for investment worth ₹1,08,599 crore. These investments span across key sectors such as information technology, food processing industries, warehousing, data centres, and logistics hubs. According to the government, these initiatives are projected to generate nearly 47,000 new jobs across the state.
The agreements were signed in the presence of Maharashtra Chief Minister Devendra Fadnavis, who emphasized the crucial role of investors and industries in driving the state’s economic progress. “Investors and the industry sector play a major role in the economic progress of Maharashtra. The state government is always ready to fulfill the expectations of industry and investors. The government is striving to ensure that entrepreneurs have a positive experience of investing in Maharashtra,” said CM Fadnavis during the signing ceremony.
Adani Enterprises’ Mega Investment
One of the biggest investments under the new MoUs will come from Adani Enterprises Limited. The conglomerate has pledged an investment of ₹70,000 crore to set up an integrated coal surface gasification downstream derivatives project. This massive project alone is expected to generate employment for nearly 30,000 people, making it the largest contributor in terms of job creation among the newly signed agreements.
Maharashtra’s Business-Friendly Environment
CM Fadnavis reiterated that Maharashtra has consistently been among the most industry-friendly states in India, thanks to its robust infrastructure, skilled workforce, and investor-friendly policies. “Maharashtra is the best destination for industry and investment with a conducive ecosystem. Under the Ease of Doing Business, the state has created a favorable environment for investment and industry,” he noted.
He further added that the government is constantly working towards introducing comprehensive policies to encourage investment across multiple sectors. In the coming days, the government plans to announce policies for 14 different sectors, including the service sector, which plays a critical role in the economic development of Maharashtra.
MAITRI Portal for Hassle-Free Investment
To ensure that investors face minimal bureaucratic hurdles, the Maharashtra government has also strengthened its Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI) portal. This initiative acts as a single-window clearance system for entrepreneurs and investors, allowing them to secure necessary permissions in a streamlined and efficient manner.
“The MAITRI portal has been created so that entrepreneurs and investors do not face any problems and can obtain all the permissions quickly. This is a one-stop scheme, and efforts are being made to ensure that entrepreneurs have a good experience while investing in the state,” CM Fadnavis explained.
A Step Towards Economic Transformation
The signing of MoUs worth more than ₹1.08 lakh crore highlights the state government’s determination to attract large-scale investments and create sustainable employment opportunities. By diversifying into sectors like IT, food processing, logistics, and data centres, Maharashtra is aiming not only to expand its industrial base but also to strengthen its position as a hub for emerging industries.
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Industry analysts suggest that such massive investments can significantly boost the state’s economy, improve regional infrastructure, and enhance skill development initiatives. With Maharashtra continuing to lead India in attracting foreign and domestic investment, these new projects are expected to bolster its competitiveness on a global scale.
The proactive approach of the government, supported by business-friendly reforms and investor confidence, indicates that Maharashtra is poised to further solidify its reputation as one of India’s most dynamic states for business and industry.
