Blitz Bureau
MUMBAI: The Maharashtra government has given approval to four high technology mega projects, which entail a cumulative investment of Rs 1.17 lakh crore and with a potential of creating 29,000 jobs, in Marathwada, Vidarbha, Pune and Panvel near Mumbai.
The decision was taken at a meeting of the cabinet sub-committee of the industries department evening, officials said. The projects would result in investment in sectors like semiconductors and electric vehicle manufacturing, a statement from the chief minister’s office (CMO) said on September 6, adding it would help Maharashtra get the identity of a leader state in the EV sector.
These projects would help develop a strong local supply chain and give major boost to technical innovation, research and development, Chief Minister Eknath Shinde said.
“It would help micro-small and medium industry stakeholders and also enable the local labour force to get training and skill development opportunities, which would raise employability and the skill bar needed for upcoming technologies,” he said. As per the statement, Tower Semiconductor company and Adani Group would jointly launch a mega semiconductor manufacturing project at Panvel in neighbouring Raigad district, with investment of Rs 58,763 crore in the first phase and Rs 25,184 crore in second phase. The total investment will be Rs 83,947 crore, and it would generate employment for 15,000 persons.
