Make In India projects worth Rs 40,000 crore to come up in Maharashtra

The ‘Make in India’ initiative has been promoted by many states and within the last three months Maharashtra has been able to get investments worth Rs 40,000 crores from projects distributed in multiple sectors. The state government has already allotted lands and the process of building manufacturing units have already started.

The chief minister of Maharashtra Devendra Fadnavis held a meeting with key members of various departments to assess the situation. The chief minister has specially directed that all the investments related to electronics sector should be given priority as there are companies from Japan, Korea and Taiwan who have invested in the electronics domain. Fadnavis also emphasised on the need to expedite the process with companies in mobile phone sectors.

The projects that will come up includes sectors like, electronics, defence, manufacturing, infrastructure, telecommunications etc.

Mumbai hosted the first Make In India Week in February (13 to 18). Of the total 15 lakh crore investments promised, almost Rs 8 lakh crore investment was in Maharashtra.

The chief minister is hopeful that more investments will come in electronics and telecommunications sector in the coming months as there are many investors who are still scouting for places to invest in this country.

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By Atanu Kumar Das

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