The Hinduja group will reportedly invest Rs 35 billion in the state, according to the Maharashtra government.
An MoU was signed between the state government and Hinduja group in the presence of the chief minister, according to a tweet from the chief minister’s office. The Hinduja group members G P Hinduja and Ashok Hinduja were present.
According to an official, the group has chosen 11 industries for investment in the state, including manufacturing, biotech, electric vehicles, infrastructure, and health.
When Maharashtra lost some expensive contracts to other states earlier this year, including the Vedanta-Foxconn semiconductor plant, the Shinde administration came under pressure.
