Rs 1.35 lakh cr investment proposals in key sectors, high-tech industries get nod in Maharashtra

MUMBAI: (Jul 3) In a major move to boost industrial growth and job creation in Maharashtra, a Cabinet sub-committee chaired by Chief Minister Devendra Fadnavis on Wednesday approved 17 projects with investment potential of Rs 1.35 lakh crore in thrust sectors and high-technology-based industries.

These projects, which will be given incentives like capital subsidy and power tariff concessions, are expected to generate around 1 lakh direct and indirect employment opportunities across the state, a statement from the Chief Minister's Office (CMO) said.

Fadnavis stated that these projects would promote technological innovation, research, development, and employment generation, strengthening Maharashtra's industrial ecosystem.