Parbhani attracts ₹1,622 crore investment through 162 MoUs
Parbhani district is set to receive investments of more than ₹1,622 crore following the signing of 162 memoranda of understanding (MoUs) at the 'Invest in Parbhani 2026' conclave, with the proposed projects expected to generate 15,617 jobs for local residents. The conclave was organised by the District Industries Centre on August 16. Minister of State and Guardian Minister Meghana Sakore-Bordikar…
In Parbhani district, over ₹1,622 crore in investments were secured through 162 Memoranda of Understanding (MoUs) at the Invest in Parbhani 2026 conclave. The projects, expected to generate 15,617 jobs, will commence construction by Dussehra, propelling local entrepreneurs and boosting the region's economy. A dedicated industry bhavan will streamline clearance processes for industrial units, and a Centre for Invention, Innovation, Incubation, and Training (CIIIT) will be established with substantial investment.
Regular review meetings at the industry bhavan will ensure schedule adherence. Parbhani's geographical location is ideal for renewable energy generation, contributing to Maharashtra's solar power leadership. The district also has potential for processing units, particularly due to its high oilseed production. Entrepreneurs like Sunil Ghaisasi and Dhiren Gilani have announced investments of ₹500 crore in e-commerce and ₹1,000 crore in food processing, respectively, creating around 10,000 jobs.
Assistant Industries Officer Prabhakar Watane emphasized the need for entrepreneurs to shift towards new technology and business models, focusing on agro-processing, warehousing, cold storage, and tourism, while encouraging greater female participation in industry.
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