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State News

Jun 16, 2020
9:13AM

Maharashtra govt signs MoUs worth Rs 16,000 Cr with companies

@CMOMaharashtra
Desperate to restart the economy which has taken a hit by Coronavirus pandemic, the Maharashtra Government has signed Memorandum of Undertaking worth 16,000 crore rupees with companies spanning various industries, including two Chinese units, under its Magnetic Maharashtra 2.0 initiative. The companies are from diverse sectors like automobile, logistics, banking, engineering and mobile production.

The business pacts were mostly signed by MIDC Chief Executive Officer P. Ambalgan on behalf of the State Government and representatives of 12 countries including the USA, China, Singapore and South Korea among others. This is the first such programme after Uddhav Thackeray became Chief Minister in November. 

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