Investor-Friendly Environment in Maharashtra: CM Devendra Fadnavis

Mumbai, March 2026 : Maharashtra has established an easy and reliable system for investors, ensuring that companies investing in the state experience a completely hassle-free environment, said Devendra Fadnavis, Chief Minister of Maharashtra.

In the presence of Chief Minister Fadnavis and Industries Minister Uday Samant, the Industries Department signed Memorandums of Understanding (MoUs) with eight companies at the Vidhan Bhavan. Also present were Industries Department Principal Secretary Dr. P. Anbalagan, Industries Joint Secretary Dr. Shrikant Pulkundwar, and representatives of the participating companies.

Through these agreements, investments worth ₹44,710 crore are expected to flow into the state, which could create around 7,030 jobs.

Chief Minister Fadnavis said that the state government has set up the necessary systems to support investors and ensure smooth industrial operations. Maharashtra has already demonstrated that the government and the industrial sector can progress together. He assured that if investors face any administrative difficulties, the government will provide all possible assistance. Efforts will also be made to ensure that all required permissions for industries are granted on time.

According to the agreements signed, investments will be made across several key and modern sectors, including aerospace, data centres, steel manufacturing, green initiatives, hydrogen and natural gas storage systems, and fibre production.

Among the major projects are: Retavia Pvt Ltd’s Heliplant Project in Nanded with an investment of ₹4,250 crore; ACE Gases Technologies Pvt Ltd’s liquid medical oxygen project in Dindori, Nashik worth ₹750 crore; Tata Technologies’ aerospace and defence materials project across Nagpur, Pune, Nashik and Chhatrapati Sambhajinagar worth ₹4,800 crore; and JK Infotech’s data centre green initiative in Hinjewadi, Pune with an investment of ₹1,000 crore.

Additionally, SM Steels and Power Ltd will develop an integrated steel and special steel complex in Chandrapur worth ₹20,000 crore, while Konark Softcore Solutions Pvt Ltd will set up a data centre in Hinjewadi with an investment of ₹1,600 crore. Advantek Fuel System Pvt Ltd will establish a hydrogen and natural gas storage system facility at Supa-Parner MIDC in Ahilyanagar with ₹400 crore, and Infinitated Fiber Company will develop a circular fibre centre at the PM MITRA Park with an investment of ₹11,910 crore.

These projects are expected to boost industrial development in Nanded, Nashik, Pune, Nagpur, Chhatrapati Sambhajinagar, Chandrapur, Ahilyanagar and Amravati. The new investments will also accelerate growth in sectors such as steel, information technology, aerospace and defence materials, textiles and green energy, further strengthening industrial expansion and generating large-scale employment across the state.