MUMBAI: Maharashtra, once number one in industrial investments in the country, is again emerging as a key destination for companies, attracting Rs 33,415 crore this year involving 34 projects spread across various sectors such as automobiles, aviation, IT and petroleum.
Of this, foreign direct investment (FDI) constitutes Rs 12,000 crore, state Industries Secretary V K Jairath said.
"Investments totalling Rs 33,415 crore have been made in 34 projects this year, of which Rs 12,000 crore came via FDI," Jairath said.
The FDIs include, the USD 2-billion commitment made by Gulf Finance House for setting up an energy city, General Motors' proposed greenfield plant at Talegaon near Pune at an investment of Rs 1,250 crore and US aircraft manufacturer Boeing putting in Rs 460 crore for setting up a maintenance, repair and overhaul (MRO) facility in Nagpur, he added.
The makers of luxury car Mercedes Benz, the German-based Daimler Chrysler, has also decided to set up a greenfield project near Pune at an investment of Rs 250 crore for which an MoU would be signed very shortly, informed Jairath.
About the stage of implementation of these projects, he said the levelling of land for the General Motors plant at Talegaon was complete and it would be formally be handed over to the company on November 21. The land acquisition for the Gulf Finance project is also underway.
The industries department undertakes a thorough study of all aspects of every project before signing a formal MoU, he said, adding "because of the extensive groundwork we do, the implementation process becomes quick."
The other major investment in the state includes the recently-signed MOU with the Supreme Group, entailing a commitment of Rs 1,415 crore for a styrenics complex in neighbouring Raigad district.
Domestic auto major, the Mahindra Group, has also announced investments to the tune of Rs 1,500 crore over the next two to three years in sectors such as automobile, infrastructure and infotech.
Two-wheeler giant Bajaj Auto has announced its plan to set up a Rs 2,000 crore greenfield plant at Chakan near Pune.
IT consultancy firm TCS has also signed an MoU with the state government to pump in Rs 500 crore to set up a 50-acre campus in the Hinjewadi area of Pune.
