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49 MSMEs Propose ₹2,321 Crore Investment in Pune Belt

49 MSMEs Propose ₹2,321 Crore Investment in Pune Belt
49 MSMEs Propose ₹2,321 Crore Investment In Pune's Chakan-Bhosari Belt: CM Fadnavis · freepressjournal.in

Maharashtra says 49 small and medium-sized companies want to invest about ₹2,320.97 crore.

Many of these projects are planned for the Chakan-Bhosari area near Pune.

The government expects the companies to create thousands of jobs.

Several businesses may start making products within one or two years.

Government departments will help provide land, roads and other facilities.

Officials also plan to count and study MSMEs across Maharashtra.

This information will help the government design better support programs.

The government says it will modernise older industrial areas, while opposition leaders have raised concerns about poor infrastructure.

Key facts

Proposed investment
₹2,320.97 crore
Number of MoUs
49
Main investment location
Chakan-Bhosari industrial belt, Pune district
Expected production timeline
Several units are expected to begin production within one to two years
Planned government support
Land, infrastructure and other amenities
MSME Census
The census will assess the number, business nature, employment, production capacity and requirements of MSME units
Industrial modernisation
Older industrial estates will be developed under the ‘Industrial Nagar’ concept, initially in Pune district

Quotes

Devendra Fadnavis

Chief Minister of Maharashtra

“This will provide industries with a stronger, efficient, clean and industry-friendly environment and encourage fresh investments as well as expansion of existing units.”
freepressjournal.in
“The micro, small and medium enterprises (MSME) sector would further strengthen the state's position as an economic and industrial growth engine.”
freepressjournal.in

Sources

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