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Maharashtra government allots land to 130 industrial units

The Times of India:  January 06, 2015

Mumbai: Taking forward Prime Minister Narendra Modi's 'Make-in-India' campaign, Devendra Fadnavis-Maharashtra government has cleared land allotment for 130 industrial units across the state with an investment of Rs 6,266 crore.

Some foreign investors which have been given land include IFB Automotive from Germany, TAG from Switzerland, Dongyang Mechanotronics from Korea, Monopol Colours from Italy, Datwyler Pharma from Belgium and Germany-based KSPG Automotive. The major domestic ones include CEAT Tyres, Gujarat Ambuja Exports, Sterlite Technologies, Inventys Research and World Textile Manufacturing.

These plots are located in Maharashtra Industrial Development Corporation (MIDC) zones near cities such as Mumbai, Pune, Nagpur, Nashik and Aurangabad. According to sources with the state industries department, these industries would create a direct 14,000 job opportunities in industrial belts such as Patalganga, Chakan, Shendra, Supa, Butibori, Ambernath, and Baramati."The letters of intent to allot land in MIDC areas have been already distributed to the applicant industries. While some of these companies are multinationals, some are domestic companies," said an MIDC communique issued here.

Industries department sources said CEAT alone was bringing in Rs 400 crore in Butibori.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

x IBEF : India Brand Equity Foundation