The cabinet sub-committee on industries in Maharashtra has cleared proposals inviting ?40,000 crore ($5.6 billion) in investments to the state. This includes the development of the India Gems and Jewellery Park in Navi Mumbai, which is expected to bring an investment of 20,000 crore ($2.8 billion) and create direct and indirect employment opportunities for one lakh people
The sub-committee also approved proposals for the establishment of four electric vehicle and battery manufacturing units in Pune and Aurangabad. The cabinet sub-committee on industries, headed by chief minister Eknath Shinde, on Wednesday cleared proposals inviting ₹40,000 crore in investments to Maharashtra. The proposals included India Gems and Jewellery Park on a 21-acre plot at Navi Mumbai’s Mahape
https://www.hindustantimes.com/cities/mumbai-news/maharashtra-cabinet-clears-40-000-crore-investment-proposals-for-gems-and-jewellery-park-and-electric-vehicle-units-101687980750850.html
Source: Hindustan Times
