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The state signs 4,106 MoUs earning ₹12.10 trillion in investment

Government believes that 4,106 projects will generate 36.77 lakh employment opportunities

The state signs 4,106 MoUs earning ₹12.10 trillion in investment
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The state government signed 4,106 projects worth ₹12.10 trillion at the Magnetic Maharashtra Conclave 2018. The state believes that these very projects will generate 36.77 lakh employment opportunities. Maharashtra’s Chief Minister Devendra Fadnavis said that investments will take place in underdeveloped areas. 

During the conclave, the state signed Memorandum of Understanding (MoU) with Reliance Group and Indian Railways where the CM launched ‘Sahbagh’ web portal.




Magnetic Maharashtra received a good response as we have made investments in areas which are underdeveloped. This will help Marathwada area which is in need of development.

Major Industrial Projects


  • Reliance Industries Ltd – ₹60 Cr
  • Virgin Hyperpool One- ₹40 Cr
  • Thrust Aircraft cluster (Amol Yadav)- ₹35 Cr
  • JSW Electric Vehicle- ₹6 Cr
  • Hyosung Company- ₹1250 Cr
  • Mahindra Electric Vehicle- ₹500 Cr

Important Projects in Undeveloped Areas


  • Lloyd Metal and Energy (Gadchiroli)- ₹700 Cr
  • Genus Paper & Board (Nandurbar)- ₹700 Cr
  • Technocraft Industry (Amravati)- ₹183 Cr
  • India Agro Foods Limited (Nanded)- ₹209 Cr
  • Sihor Group Ltd., Hingoli- ₹125 Cr

Important Projects in Medium, Small and Micro Industries


  • Coir Cluster (Sindhudurg)- ₹7.56 Cr
  • Mega Leather Cluster (Raigad)- ₹500 Cr
  • Chitra Warli Foundation Art and Craft Cluster (Palghar)- ₹1 Cr
  • Electronic Cluster (Nagpur)- ₹5 Cr


Important housing projects


  • CREDAI Maharashtra- ₹1 Cr (five lakh affordable homes)
  • National Real Estate Development Council- ₹90 Cr (3 Lakh homes affordable)
  • Khaleeji Commercial Bank and Bhumi Raj- ₹59 Cr (2 lakh affordable houses)
  • Poddar Housing- ₹20 Cr (one lakh affordable housing)
  • Conceptual Advisory Service- ₹25 Cr (1 lacs affordable homes) 

Important projects in textile sector


  • Hyosung (Spandex Unit) AURIC (Aurangabad)- ₹1,259 Cr
  • Nirvan Silk Mills Pvt Ltd- ₹296 Cr
  • Palak Industries (Amravati)- ₹25 Cr
  • Superblue Denim Pvt Ltd- ₹125 Cr
  • Verito Textiles (Amravati)- ₹25 Cr


Important Projects in the Energy Sector


  • Adani Green Energy- ₹7,000 Cr
  • ReNew Power Venture- ₹14,000 Cr
  • Tata Power Co Ltd- ₹15,000 Cr
  • Soft Bank Energy Pvt Ltd- ₹23,000 Cr
  • Univergy Think Green Pvt Ltd- ₹24,000 Cr


Projects in Agriculture and Marketing


  • Weather-based agricultural project with World Bank Finance- ₹4,000 Cr
  • ICRISAT, Hyderabad, Kisanamitra- ₹66 crore in eleven districts of Vidarbha Invest in Royal Agro Foods- ₹1400 Cr
  • Palasa agro- ₹2700 Cr


Government investment in infrastructure projects


  • Traffic and ports- 48 projects
  • Investment- ₹59.32 Cr
  • Public Works - 5 projects
  • Investment- ₹1.21 Cr


Brihanmumbai Municipal Corporation- 18 projects


  • Investment- ₹54 Cr
  • Mumbai Metropolitan Region Development Authority- 30 projects
  • Investment- ₹1.32 Cr
  • Urban development- 3 projects
  • Investment- ₹23 Cr
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