Nagpur: The Maharashtra delegation at the World Economic Forum in Davos announced that it has signed 23 MoUs worth Rs 30,000 crore.
Out of these almost 55 per cent of the investments are Foreign Direct Investments from countries such as Singapore, Indonesia, Japan and the US. 23 MoUs were signed with companies including investments in sectors such as pharmaceuticals and medical devices, data centres, textiles, packaging, paper and pulp etc.
As per state industry minister Subhash Desai’s office, these investments will potentially create over 66,000 jobs. MoUs were signed in the presence of state cabinet minister Aditya Thackeray, Energy minister Nitin Raut and Subhash Desai. Major textile players such as Indorama Corporation and Indocount Industries Ltd are investing in Maharashtra’s textile hubs of Nagpur and Kolhapur respectively.
One of the world’s largest software and hardware IT giants, Microsoft is set to establish data centres in Pune with an investment amount of Rs 3,200 crore. Further, Sinarmas Pulp and Paper Pvt Ltd, an entity of Asia Pulp and Paper (APP), a leading pulp and paper company from Indonesia is investing Rs 10,500 crore for paper and pulp manufacturing in Raigad. Food and Agro-processing will also receive a major thrust as Havmor Ice Creams Pvt Ltd is setting up an ice cream manufacturing unit in Pune. Sonai Eatable and Goyal Proteins is into oil extraction