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Mar 2016
Investment proposal of Rs 7,94,057 crore in Maharashtra through Make in India
Industrial Investment: Among the many flagship initiatives of the Modi government, a particularly important one is the “Make in India” program, aiming to turn India into a manufacturing hub of the world. Maharashtra, with a proactive CM, made the most of this opportunity, signing investment agreements worth Rs 7,94,057 crore for 2,594 projects with 30.9 lakh job prospects. The highest number of proposals came in the energy sector worth Rs 2,30,627 crore, followed by the manufacturing sector worth Rs 1,65,909 crore. Between August 1991 and October 2014, 18,709 industrial proposals worth a total investment of Rs 10,63,342 crore were approved. Meanwhile, between October 2014 and October 2015, the Devendra Fadnavis government approved 344 proposals and industrial proposals worth Rs 33,995 crore. In 2014-15, 279 projects with an investment of Rs 45,010 crore and 0.7 lakh proposed employment generation were approved. In 2015-16, 218 projects with an investment of Rs 18,759 crore were approved till October, out of which 16 projects with an investment of Rs 1,069 crore were implemented.
Foreign Investment: During 2015-16, Maharashtra received foreign investment of Rs 62,731 crore.
Exports from Maharashtra: The state mainly exports petrochemicals, gems, jewelry, ready-made garments, cotton yarn, metal products, engineering equipment, agricultural products, medicines, other pharmaceuticals, plastics, and plastic products. In 2014-15, Maharashtra exported Rs 4,45,349 crore. While in 2015-16, it exported Rs 4,36,435 crore.
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Mar 2016
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Mar 2016
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Mar 2016
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Jun 2019
Start-ups and logistics policy help Maharashtra enter global supply chain competition
Industrial investment in Maharashtra: Due to various measures taken by the state government, Maharashtra has remained a preferred state for domestic and foreign investments with increased imports and exports in sectors, such as textile, automobile manufacturing, engineering, steel manufacturing, chemicals, food processing, pharmaceuticals, and information technology. To encourage entrepreneurship in the state, the state government organized the Maharashtra Start-ups program in June 2018 and January 2019. More than 2500 start-ups participated in this program. The state government also developed a logistics policy, to make Maharashtra a part of the global supply chain. 426 proposals were registered in the state in 2018 with an expected investment of Rs 86,163 crore. In comparison, 71 new proposals were registered till February 2019 with an expected investment of Rs 10,718 crore.
Foreign Investment: FDI has brought innovative technology in the industrial sector, which has increased investments and competitiveness in the allied sectors as well. According to a Central Government report, from April 2000 to December 2018, the state received foreign direct investment of Rs 6,90,323 crore, which is 30% of the total foreign investment in the country. In 2018-19 alone, Maharashtra received foreign direct investment of Rs 80,013 crore.
Exports from Maharashtra: To promote small-scale industries in the state, the government organized various exhibitions. They were awarded according to their performance, and grants were given to participate in national and international exhibitions. The state government implemented various schemes to promote the export of medicines, plastics, petrochemicals, ready-made garments as well as fruits and vegetables. During the period 2018-19, exports from the state amounted to Rs 5,08,975 crore.
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Jun 2019
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Jun 2019
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Jun 2019
5
Mar 2021
Proposals with more than 2.5 lakh jobs received from ‘Magnetic Maharashtra 2.0’
Industrial investment: 247 projects were registered in the state till October 2020. Out of this, proposed investment projects worth about Rs 37,887 crore were registered. The Magnetic Maharashtra 2.0 program was organized in June 2020 to attract entrepreneurs from India and abroad and create employment. Through this program, proposals with an investment of Rs 1.13 lakh crore and more than 2.50 lakh jobs were received in the state. This was mainly in steel production (24%), contact centers (23%), logistics (20%), information technology (9%), chemicals and pharmaceuticals (5%) and vehicles (4%).
Foreign investment: Foreign direct investments have led to the use of up-to-date technology in industrial sectors, which in turn caused a surge in domestic investment in the ancillary industries in the state. Maharashtra’s share of the total foreign investment in the country has remained at 28 percent. In the financial year 2020-21, the state received foreign investment of Rs 1,19,734 crore. When we review the foreign investment in Maharashtra from the year 2000 to 2020, it has been the highest in the country at 27.7%. This indicates that during this period, the state received foreign investment of Rs 8,18,522 crore. Of this, the highest investment was made during the period 2014 to 2019.
Exports: During Devendra Fadnavis’ tenure from 2014 to 2019, good communication facilities were created in Maharashtra through roads, railways, air, and ports. Due to this, products such as gems and jewelry, petrochemicals, ready-made garments, cotton yarn, engineering equipment, and pharmaceuticals were exported from the state. The industrial policy of 2019 and the creation of the Maharashtra Export Promotion Council helped to increase the export volume from the state. Exports of Rs 4,31,532 crore were made in 2020-21.
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Mar 2021
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Mar 2021
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Mar 2021
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Jan 2025
Maharashtra signs the highest number of agreements worth Rs 15.70 lakh crore at Davos Forum
Under the leadership of Prime Minister Narendra Modi, the heads of six Indian states came to Davos to showcase their states and attract investments. In this, Maharashtra signed the highest number of agreements worth Rs 15.70 lakh crore. It is said that about 16 jobs will be created from it. A total of 61 types of agreements were signed at this conference, of which 54 agreements were for investment and 7 were in the strategic category. Through strategic agreements, the signing companies will provide their expertise for different projects in Maharashtra without any direct investment. Of the 54 investment agreements, about 98% came through FDI in sectors such as steel, IT, green energy, infrastructure, etc., with proposed setups spread over different parts of the state. In this, an investment of Rs 6 to 7 lakh crores will be made in the MMRDA region, Rs 5 lakh crores in Vidarbha, Rs 30 to 35 thousand crores in Nashik and north Maharashtra, and Rs 25 to 30 thousand crores in the Marathwada region. This outstanding performance showed that Maharashtra has a dominant position compared to other states in Davos.
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Jan 2025
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Jan 2025
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Jan 2025
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Mar 2025
Record FDI in Maharashtra in the first 9 months of 2024-25!
The December 2024 report on foreign direct investment released by the DPIIT revealed that record investments were made in Maharashtra in the previous 9 months. The report shows that in the first 9 months of the financial year 2024-2025, a total of Rs 1,39,434 crores of foreign direct investment was recorded. This is the highest FDI in Maharashtra in any single year in the last 10 years, which has helped the Devendra Fadnavis government break its record from the financial year 2016-17. The last quarter report will likely increase the figure further.
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Mar 2025
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Mar 2025
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Mar 2025
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Mar 2025
An MoU worth Rs 1990 crore signed with a Swedish company!
Yesterday, i.e., March 19, 2025, Chief Minister Devendra Fadnavis held a roundtable discussion with CEOs of several Swedish companies engaged in different sectors in Sweden. Meanwhile, an MoU was signed between the Maharashtra government and Swedish tech company Candela. The company will invest Rs 1990 crore in Maharashtra and create nearly 6,000 jobs. Candela is a pioneer in manufacturing electric hydrofoil boats. This MoU will help bring about a major change in water transport in Maharashtra. Currently, about 280 Swedish companies in India have a presence in Maharashtra, strengthening trade and investment between Maharashtra and Sweden.
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Mar 2025
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Mar 2025
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Mar 2025
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Mar 2025
New investment of Rs 3 lakh crore in the state; 1 lakh 11 thousand jobs created
A cabinet subcommittee, headed by Chief Minister Devendra Fadnavis, approved 19 projects from the MoUs signed with Maharashtra at the World Economic Forum 2025 held recently in Davos. While special incentives were approved for 17 of these projects, 2 large projects got approval for additional incentives. While these 19 projects will bring new investments worth Rs 3 lakh 92 thousand 056 crore to the state and create 1 lakh 11 thousand 725 direct jobs, an estimated 250,000 to 300,000 indirect jobs will be created. 17 of these 19 agreements will be implemented in Vidarbha and Marathwada, with Vidarbha getting 12 of them. The projects in Vidarbha will be implemented in Nagpur, Gadchiroli, and Chandrapura districts. Of the 51 MoUs signed in Davos, the state government has taken expected action on 26 of them within the two months. This is expected to generate an investment of Rs 6 lakh crore in the state and generate 2 to 3 lakh jobs.
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Mar 2025
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Mar 2025
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Mar 2025
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May 2025
Waves 2025: Investment of 8 thousand crores in the state!
Chief Minister Devendra Fadnavis signed 3 important MoUs worth Rs. 8000 crore at the Waves (Global Audio Visual and Entertainment) Summit, organized by the central government. The Waves 2025, held at BKC in Mumbai from May 1 to 4, was an attempt by the government of India to spur the creative economy of the country. The summit became a platform for collaboration between the content creators in the media and entertainment industries from India and several other countries. The summit also underscored the opportunities for Mumbai to become a global center for content creation. And when opportunity arises, Devendra Fadnavis turns it into reality. The CM signed MOUs with two leading overseas universities, the University of Western Australia and the University of the UK, to develop an Educity campus in Navi Mumbai where courses on various facets of audio-visual content creation will be taught to create highly skilled manpower for global content creation. Both these universities will invest Rs 1,500 crore each.
Apart from that, an MOU of Rs 3,000 crore was signed with Prime Focus in the field of media and entertainment to build AI-operated studios. This will directly provide employment to 2,500 people and indirectly to about 10,000 people. At the same time, the Maharashtra government has also signed an agreement with Godrej to develop a film city in Panvel where all activities of filmmaking, from shooting to production, will take place. Together these three MOUs worth Rs. 8000 crore were signed by the Maharashtra government during the Waves 2025 summit.
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May 2025
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May 2025
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May 2025
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May 2025
Maharashtra successively tops in foreign direct investment
In the financial year 2024-25, Maharashtra has received 40% of the country’s total foreign direct investment, as the state’s tally has been Rs. 1,64,875 crore in the country’s total intake of Rs. 4,21,929 crore. Whenever under the leadership of Devendra Fadnavis, Maharashtra has topped in foreign investment. During his first term as the Chief Minister in 2014, the state received the highest FDIs in every financial year – Rs. 61,482 crore in 2015-16, Rs. 131,980 crore in 2016-17, Rs. 86,244 crore in 2017-18, Rs. 57,139 crore in 2018-19, and Rs. 25,316 crore in the seven months from April to October, before the assembly election took place. After a gap of two and a half years during the MVA government, Maharashtra came back roaring, grabbing Rs. 1,25,101 crore in 2023-24 and Rs. 1,64,875 crore in 2024-25.
If we take a look at the financial year 2024-25 in hindsight, Maharashtra received foreign investment of Rs 25,441 crore in the last quarter, from January to March 2025. This is the highest investment in the last 10 years. According to the state-wise data released by the Reserve Bank of India on foreign investment, Karnataka (56,030 crore) was in second place in the financial year 2024-25, with Delhi (51,540 crore) and Gujarat (47,947 crore) in third and fourth places, respectively. The total investment made in these three states is Rs 1,55,517 crore, less than the investment of Rs 1,64,875 crore made in Maharashtra alone. This figure shows the progress and development being made in Maharashtra.
Foreign Investment in the last 10 years
2015-16: 61,482 crores
2016-17: 1,31,980 crores
2017-18: 86,244 crores
2018-19: 57,139 crores
April to October 2019: 25,316 crores
2020-21: 1,19,734 crores
2021-22: 1,14,964 crores
2022-23: 1,18,422 crores
2023-24: 1,25,101 crores
2024-25: 1,64,875 crores
Foreign Investment in Ten States in 2024-25
Maharashtra: 1,64,875 crores
Karnataka: 56,030 crores
Gujarat: 47,947 crores
Delhi: 51,540 crores
Tamil Nadu: 31,103 crores
Haryana: 26,600 crore
Telangana: 25,351 crore
Rajasthan: 3,170 crore
Jharkhand: 61 crore
Uttar Pradesh: 3,700 crore
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May 2025
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May 2025
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May 2025
2
Jul 2025
Investment proposals worth Rs 1.35 lakh crore approved
To promote industries in the state and boost employment generation, a cabinet meeting chaired by Chief Minister Devendra Fadnavis on Wednesday (July 2) approved investment proposals worth Rs 1.35 lakh crore in the thrust sector and high-tech industries in the state. This will create about 1 lakh direct and indirect jobs in the state. Discussions took place regarding approval of special incentives for 19 large, mega, and ultra-mega projects based on their investment scale and employment potential. Of them, 17 projects were approved.
The approved proposals include manufacturing projects in the fields of semiconductors, silicon ingots and wafers, solar cells and modules, EV components, lithium-ion batteries, aerospace and defense equipment, textile industry, green steel projects, green field gas-to-chemical, etc. The approved companies include Paras Defence and Space Technology in Navi Mumbai, Jupiter Renewable Pvt. Ltd. in Nagpur, Reliance Infrastructure, M/s BSL Solar Pvt. Ltd., M/s Shrem Bio Fuel Ltd., Hyundai Motor India in Pune, Uno Minda Auto Innovation Pvt. Ltd., Air Liquide India Holding Pvt. Ltd., Essar Exploration and Production Ltd. in Raigad, Balasore Alloys Ltd., Surjagad Ispat Pvt. Ltd. in Gadchiroli, Suflam Industries Ltd., Suflam Metal Pvt. Ltd. Kirtisagar Metalloy Pvt. Ltd., M/s General Polyfilms Pvt. Ltd., NPSPL Advance Materials Pvt. Ltd. in Chhatrapati Sambhaji Nagar, Suflam Industries Ltd. in Gondia, M/s. Vardhan Agro Processing Ltd. in Satara, and M/s. Awtade Spinners Pvt. Ltd. in Solapur.
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Jul 2025
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Jul 2025
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Aug 2025
Investment of Rs 42,892 crore in Maharashtra, creation of 25 thousand 892 jobs
In the presence of Chief Minister Devendra Fadnavis, 10 MoUs were signed for investment in the state on Tuesday, 19 August 2025. While 2 of these agreements are for developing special-purpose infrastructure, the remaining 8 agreements are for direct investments in various sectors. These 10 agreements will result in an estimated investment of Rs 42,892 crore in the state and create 25,892 jobs. Maharashtra is witnessing surge in data center projects and solar energy integration projects. These investments will not only create new industries but will also bring about ripple effects in various sectors such as manufacturing, green energy, steel, real estate, and logistics.
8 MoUs for investment
- A deal worth Rs 10,900 crore with Jupiter International Limited for the production of solar panels. This is expected to create 8308 jobs.
- A contract worth Rs 2508 crore was signed with Rochak Systems Private Limited for a data center, and it is expected to create 1000 jobs.
- A contract worth Rs 2564 crore was signed with Rovision Tech Hub Private Limited for a data center. It is expected to create 1100 jobs.
- A contract worth Rs 4300 crore was signed with Wow Iron and Steel Private Limited for a steel industry. It is expected to create 1500 jobs.
- A contract worth Rs 4846 crore was signed with Webmint Digital Private Limited for a data center. It is expected to create 2050 jobs.
- A contract worth Rs 575 crore was signed with Atlas Copco for the industrial equipment sector. It is expected to create 3400 jobs.
- A contract worth Rs 4700 crore was signed with LNK Green Energy Private Limited in the green energy sector. It is expected to create 2500 jobs.
- A contract worth Rs 12,500 crore was signed with Prestige Estate Projects Limited for data centers, logistics centers, and real estate. It is expected to create more than 8700 jobs.
Strategic Agreements
- MoU with Global India Business Corridor (GIBC) to usher in foreign investments and facilitate trade partnerships with the UK, EU, and USA.
- MoU with TUTR Hyperloop Private Limited Company for setting up a state-of-the-art hyperloop transportation system at JNPT and Vadhavan Port.
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Aug 2025
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Aug 2025
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Aug 2025
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Aug 2025
17 MoUs worth Rs 34,000 crores; 33,000 job creation
Under the leadership of Chief Minister Devendra Fadnavis, 17 important MoUs worth around Rs 34,000 crores were signed on Friday, 29 August 2025. These include new projects in multiple sectors like electronics, steel, solar energy, electric buses and trucks, and defense. Located in various parts of the state, like North Maharashtra, Pune, Vidarbha, and Konkan, these projects will provide a large number of new employment opportunities in the state. While signing these agreements, the Chief Minister has given a clear message to the people and investors that his government will not stop just by signing agreements but will assist the investing companies at every stage of their ventures, preventing any obstacles in their work. The chief minister has also said that entrepreneurs will get electricity at a lower rate in the coming days. The Devendra Fadnavis government has adopted a policy of making land, permits, and other approvals available for industries immediately through the Maitri portal.
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Aug 2025
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Aug 2025
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Aug 2025
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Sep 2025
1 lakh crore MoU in IT, food processing, data center, logistics sector
Under the leadership of investment pooler Chief Minister Devendra Fadnavis, MoUs worth Rs 1 lakh 8 thousand 599 crore have been signed in the industry, information technology, food processing industry, warehousing, data center, and logistics hub sectors in the state. These agreements will create 47,100 jobs in the state. The details of the agreements, signed on 11 September 2025, are as follows:
MGSA Realty will invest Rs 5,000 crore to build industrial warehouses, data centers, and logistics hubs at various locations in Maharashtra, such as Talegaon, JNPT Port (Raigarh), Tambati (Raigarh), Khalapur (Raigarh), and Bhiwandi (Thane); this will create approximately 10,000 jobs.
Polyplex Corporation Limited will invest Rs 2086 crore for a polymeric product project in Nandurbar. This will create 600 jobs.
Lodha Developers Ltd. will invest Rs 30,000 crore to build a Green Integrated Data Center Park at Ambernath in Thane district. This data center will create nearly 6,000 jobs.
Adani Enterprises Limited is investing Rs 70,000 crore to set up an integrated surface coal gasification and downstream derivatives project at Linga Kalmeshwar in Nagpur district; this will create 30,000 jobs.
Reliance Consumer Products Limited will be investing Rs 1,513 crore to manufacture food beverages and food products in Katol, Nagpur; this will create 500 jobs.
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Sep 2025
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Sep 2025
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Sep 2025
