Maharashtra Govt Secures Rs 1.09 Lakh Crore Investment, Aims to Create 48,000 Direct Jobs

The Maharashtra government has signed MoUs worth Rs 1.09 lakh crore in sectors like IT, food processing, and logistics, expected to create 48,000 direct jobs, according to Chief Minister Devendra Fadnavis.

MaharashtraInvestmentJobsInfrastructureEconomic GrowthReal Estate MaharashtraSep 11, 2025

Maharashtra Govt Secures Rs 1.09 Lakh Crore Investment, Aims to Create 48,000 Direct Jobs
Real Estate Maharashtra:Mumbai: The Maharashtra government has taken a significant step towards economic growth by signing Memorandums of Understanding (MoUs) worth Rs 1.09 lakh crore. These MoUs, signed on Thursday, cover sectors such as information technology, food processing, warehousing, data centres, and logistics hubs. Chief Minister Devendra Fadnavis announced that these investments are expected to create 48,000 direct jobs.

Investors and the industry sector play a crucial role in a state's economic growth, Fadnavis said while assuring that his government will meet their expectations. 'We are making efforts to ensure entrepreneurs have a positive investment experience in Maharashtra,' the chief minister stated.

The key projects signed with domestic industrial majors on Thursday include MGSA Realty investing Rs 5,000 crore in industrial warehouses, data centres, and logistics hubs, which will create 10,000 jobs, according to government estimates.

Lodha Developers Ltd will set up a Green Integrated Data Centre Park in Ambernath in Thane district, investing Rs 30,000 crore. This project is expected to generate 6,000 jobs.

Adani Enterprises Ltd will invest Rs 70,000 crore in an integrated coal surface gasification downstream derivatives project at Kamleshwar Linga in Nagpur district, creating 30,000 jobs. Polyplex Corporation Ltd will invest Rs 2,086 crore in a polymer products project in Nandurbar, providing employment to 600 people, a press release from the CM's office said.

Reliance Consumer Products Ltd will set up an integrated food and beverages manufacturing facility at Katol in Nagpur district with an investment of Rs 1,513 crore, generating 500 jobs, the release added.

The MoUs were exchanged between the industry department secretary P. Anbalagan on behalf of the state government and representatives of the participating companies, including Amarprakash Agarwal (MGSA Realty), Abhishek Lodha (Lodha Developers Ltd), Ketan Modi (Reliance Consumer Products Ltd), Ajit Barodia (Adani Enterprises Ltd), and Pranay Kothari (Polyplex Corporation Ltd).

In addition to these investments, Fadnavis highlighted other significant developments. Vadhavan Port will rank among the world's top ten, making Maharashtra a maritime superpower. Similarly, super expressways will cut logistics costs, while the Navi Mumbai International Airport is set to open on September 30, 2025. Nearby, Educity will host 12 global universities, with the University of Western Australia and Curtin University already on board, partnering with Gondwana University for Gadchiroli's steel hub, he added.

Frequently Asked Questions

What sectors are covered under the MoUs signed by the Maharashtra government?

The MoUs signed by the Maharashtra government cover sectors such as information technology, food processing, warehousing, data centres, and logistics hubs.

How much total investment is expected from the signed MoUs?

The total investment expected from the signed MoUs is Rs 1.09 lakh crore.

How many direct jobs are expected to be created through these investments?

The investments are expected to create 48,000 direct jobs.

Which companies are involved in the key projects?

Key projects involve companies such as MGSA Realty, Lodha Developers Ltd, Adani Enterprises Ltd, Polyplex Corporation Ltd, and Reliance Consumer Products Ltd.

What other significant developments did Chief Minister Devendra Fadnavis highlight?

Chief Minister Devendra Fadnavis highlighted the development of Vadhavan Port, the construction of super expressways, the opening of the Navi Mumbai International Airport, and the establishment of Educity, which will host 12 global universities.

Related News Articles

Boosting India's Housing Market: Developers Seek Tax Incentives and Industry Status in Budget 2024
real estate news

Boosting India's Housing Market: Developers Seek Tax Incentives and Industry Status in Budget 2024

The Indian housing sector is looking forward to the Union Budget 2024, expecting tax reliefs and other sentiment boosters to stimulate growth in the market.

June 20, 2024
Read Article
Kalpataru Ltd Set to Enter Nagpur Real Estate Market with Plotted Development Project
Real Estate Maharashtra

Kalpataru Ltd Set to Enter Nagpur Real Estate Market with Plotted Development Project

Mumbai-based Kalpataru Ltd plans to launch a plotted development project in Nagpur, marking its entry into the city's real estate market. The project will be spread across 37 acres and will have 400 plots of sizes 1,200 to 4,000 sq ft range.

September 3, 2024
Read Article
Hong Kong Halts Commercial Land Sales for Seventh Consecutive Quarter
Real Estate

Hong Kong Halts Commercial Land Sales for Seventh Consecutive Quarter

Hong Kong's government has announced that it will not sell any commercial land in the quarter from October to December, citing low demand and high office vacancy rates.

October 4, 2024
Read Article
Homebuyers Forum Claims RERA Act Falls Short of Objectives, Urges Consumer Affairs Ministry for Action
Real Estate Mumbai

Homebuyers Forum Claims RERA Act Falls Short of Objectives, Urges Consumer Affairs Ministry for Action

A forum representing homebuyers in Maharashtra claims that the Real Estate (Regulation and Development) Act, 2016, has failed to meet its objectives. The forum is now urging the Union Consumer Affairs Ministry to issue specific guidelines to protect consu

October 22, 2024
Read Article
Ahmedabad Shines with Top Rental Yields in India
Real Estate Pune

Ahmedabad Shines with Top Rental Yields in India

Ahmedabad leads the pack with the highest rental yields in India, clocking in at 3.9%, according to a recent report by Magicbricks. Other cities like Hyderabad, Kolkata, and Pune are also seeing significant increases in rental returns.

November 27, 2024
Read Article
Incuspaze Expands with Major Leasing Deal in Gurugram's Thriving Real Estate Market
Real Estate Mumbai

Incuspaze Expands with Major Leasing Deal in Gurugram's Thriving Real Estate Market

Incuspaze, a prominent player in the commercial real estate sector, has announced a significant leasing deal in Gurugram, marking a major expansion in one of India’s most booming real estate markets. This move underscores the growing demand for quality of

December 15, 2024
Read Article