Mumbai, Dec 14 (KNN) With the aim to promote industrial development in Vidarbha, Marathwada, Nashik, and Pune, the Maharashtra government on Tuesday approved Investment projects worth Rs 70,000 crores.

The projects were cleared in the fourth meeting of the Cabinet Sub-Committee of the Industries Department chaired by Maharashtra Chief Minister Eknath Shinde.

During the meet, the cabinet sub-committee approved the construction of three major projects in the Gadchiroli and Chandrapur districts of Vidarbha. Rs 20,000 crore investment was approved based on green technology. M New Era Cleantech Solutions Pvt. Ltd’s component includes a coal gasification project (green hydrogen, methanol, ammonia, urea) at Chandrapur.

As per repots, the state government through these projects aims to create about 55,000 job opportunities in the state.

The committee also held detailed discussion regarding the need to promote large industries based on new technology in underdeveloped areas of the state and to provide employment from these industries.

Deputy Chief Minister Devendra Fadnavis, Industries Minister Uday Samant, Chief Secretary Manukumar Srivastava, Principal Secretary of Industries Department Harshdeep Kamble, Principal Secretary of Finance Department OP Gupta, Principal Secretary Rajagopal Deora, Chief Executive Officer of Industrial Development Corporation Vipin Sharma, Industrial Development Commissioner Dipendra Singh Kushwaha, and others were present at the meet.

During the meeting, the Chief Minister suggested for the development of an Industrial Technology Park to meet the special needs of industries based on advanced technology.

According to the electronic vehicle policy of the country and the state, the first project of Mahindra Electric Vehicle Automobiles, with an investment of Rs 10,000 crores in the field of electric vehicle manufacturing in the country, will be started in Pune.

Through this, there will be foreign investment in high technology-based components in the state, prototypes will be made in technology, research, and development in Pune along with Volkswagen.

The state government also approved Rs 4,206 crore proposal of Reliance Life Science Nashik Company. This Company is involved in Plaza Protein, Vaccine and Gene Therapy, etc.

The project is going to be an important alternative project to manufacturing life-saving medicines. Along with these main projects, other projects with an investment of Rs 70,000 crores and around 55,000 jobs will be created in the state.  (KNN Bureau)