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STATE WILL INK MOUs WORTH RS 4000 CRORE WITH 13 FIRMS

mousThe state government is going to ink Memorandum of Understanding worth Rs 4,167 crore with 13 leading companies and is expected to provide employment to 6,660 people. Industries minister Rajendra Darda said that the date for signing the MoUs will be decided soon. Many investments are likely to follow in the state including Asian Paints plant in Satara with an investment of Rs 735 crore. This is expected to provide employment to 600 people. Cement giant ACC is coming up with a Rs 1551.50 crore plant at Ghugus in Chandrapur creating 200 new jobs while Jaibharath Textiles and Real Estate Limited is setting up a plant worth Rs 503.39 crore in Wardha, employing 1,200 people. The state would be signing the MOUs of the same soon to mark 50 years of Maharashtra. The MIDC has signed a Rs 2,600-crore MoU with tyre giant Bridgestone. Leading namkeen producer from Nagpur, Haldiram is expanding his business and a plant with an investment of Rs 61.21 crore is being set up at Kamptee in Nagpur district. It will create 575 new jobs. A senior MIDC officer said that the industrial growth was not restricted to the Mumbai-Pune-Nashik belt, but was also moving towards Marathwada and Vidarbha.

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