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The Maharashtra government has approved 18 large-scale projects with a total investment of INR 2.56 lakh crore, expected to generate over one lakh jobs. The projects span sectors such as green energy, electric vehicles, electronics, and defence manufacturing. Cleared by a cabinet sub-committee led by Chief Minister Devendra Fadnavis, the initiative focuses on expanding industrial activity across regions including Vidarbha, Marathwada, and Konkan. The move is part of the state’s continued efforts to attract investments, improve manufacturing capacity, and support balanced regional development.
The Maharashtra government has approved 18 large and ultra-large industrial projects with a combined investment of around INR 2,56,137 crore. These projects are expected to create more than one lakh direct and indirect jobs across the state, covering both manufacturing and allied sectors. Advertisement
The approvals were granted by the cabinet sub-committee on industries, energy, labour and mining, chaired by Chief Minister Devendra Fadnavis. The meeting was attended by Deputy Chief Minister Eknath Shinde, along with senior officials and Industries Minister Uday Samant, where multiple high-value proposals were reviewed and cleared.
The investment proposals are spread across key emerging and core sectors. These include solar manufacturing covering cells, modules, ingots and wafers, along with green steel and green ammonia projects. Other sectors include electric vehicles, lithium-ion battery production, electronics manufacturing, space and defence equipment, and gas-to-chemicals. The focus on these sectors reflects a shift towards clean energy, advanced manufacturing and import substitution.
A notable aspect of the approvals is the regional distribution of investments. A significant share has been allocated to areas such as Vidarbha, Marathwada and the Konkan region, which have been a focus for industrial development in recent years. In Vidarbha, a major steel project planned in Gadchiroli is expected to attract substantial investment and generate large-scale employment, particularly in a district that has seen limited industrial activity in the past.
Officials indicated that the objective behind these approvals is to strengthen the state’s industrial base while also ensuring that growth is not limited to traditional urban centres like Mumbai and Pune. By pushing investments into less-developed regions, the government is aiming to improve infrastructure utilisation, create local employment and reduce regional disparities.
The move is in line with Maharashtra’s broader investment strategy over the past few years. The state has consistently attracted large proposals across sectors such as data centres, logistics parks and manufacturing units, supported by policy incentives and faster approvals. The latest set of clearances builds on this momentum and signals continued investor interest in the state.
Source PTI
5th Jun, 2025
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