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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 an assistant editor at Eastern Eye, where he covers British Asian affairs and key developments in UK politics and business. With two decades of journalism experience, his areas of interest include business, international affairs, current events, arts and culture. 

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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)

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