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Maharashtra Secures ₹5,480.93 Crore Investment Through 73 Projects

Navi Mumbai: Industries have signed MoUs worth Rs 5,480.93 crore with the Maharashtra government, with 73 projects expected to generate 4,413 jobs in Raigad district, Guardian Minister Bharat Sheth Gogawale said at the Raigad District Investment Conference 2026 held in Alibag on Wednesday. The investment commitments are aimed at strengthening the district’s industrial base while creating…

Maharashtra Secures ₹5,480.93 Crore Investment Through 73 Projects

Navi Mumbai: Maharashtra's government has secured ₹5,480.93 crore in investments through 73 projects, with the aim of boosting Raigad district's industrial sector and creating employment opportunities. At the Raigad District Investment Conference 2026 in Alibag, Guardian Minister Bharat Sheth Gogawale announced the new MOUs, emphasizing the government's support for both large projects and micro, small and medium enterprises (MSMEs).

Gogawale also highlighted the 'Udyog Setu' initiative to assist entrepreneurs by addressing their grievances through online meetings. Raigad currently boasts over 200 major industries and has exceeded its employment generation targets for two consecutive years. The district is a top exporter, with recorded exports worth Rs 51,809 crore in 2025-26, and has earned several GI tags for its products.

Infrastructure projects, including a ₹23 crore road and sewage system for the Panvel industrial estate, and an ₹8.10-crore bamboo cluster for Murud, have been approved.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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