Spectrum Electrical Industries signs Rs. 110 crore expansion MoU with Maharashtra government
Infrastructure
May 08,2026
Spectrum Electrical Industries has signed a Rs. 110 crore memorandum of understanding with the Maharashtra government for expansion of its operations.
The investment is expected to enhance manufacturing capacity and support rising demand for electrical equipment and components.
Expansion projects of this nature contribute to strengthening the domestic industrial supply chain ecosystem.
The company is likely to benefit from Maharashtra’s established industrial infrastructure and connectivity advantages.
The development also reflects continued investment momentum in India’s electrical manufacturing sector.
Company :
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Spectrum Electrical Industries