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Hinduja group to invest £3.5bn in India's Maharashtra

An official said the group has identified 11 sectors for investment in the state, including infrastructure, biotech, Electric Vehicles, manufacturing and health.

Hinduja group to invest £3.5bn in India's Maharashtra
Pramod Thomas
By Pramod ThomasDec 16, 2022
Pramod Thomas
Pramod Thomas is a senior correspondent with Asian Media Group since 2020, bringing 19 years of journalism experience across business, politics, sports, communities, and international relations. His career spans both traditional and digital media platforms, with eight years specifically focused on digital journalism. This blend of experience positions him well to navigate the evolving media landscape and deliver content across various formats. He has worked with national and international media organisations, giving him a broad perspective on global news trends and reporting standards.
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The Maharashtra government on Thursday (15) said the Hinduja group will be investing £3.5 billion in the state.

The Chief Minister's Office tweeted that an MoU was signed between the state government and Hinduja group in the presence of Chief Minister Eknath Shinde.

G P Hinduja and Ashok Hinduja of the Hinduja group were present on the occasion.

An official said the group has identified 11 sectors for investment in the state, including infrastructure, biotech, Electric Vehicles, manufacturing and health.

The Shinde government had come under fire earlier this year when Maharashtra lost some big-ticket projects including Vedanta-Foxconn semiconductor plant to other states.

(PTI)

hinduja group

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