Eight companies signs MoU with Maharashatra govt

Eight mid-size companies entered into a memorandum of understanding with the Maharashtra government for setting up units in the State with an investment of Rs 6,456 crore on Tuesday.

Uttam Galva Steel, with Rs 2,100 crore investment for diversification and capacity expansion at its Khalapur facility in Raigad district. The company wants to expand its manufacturing of carbon steel, alloy steel, rounds and billets and other products.

Jai Bhole Cement Combine proposes to invest about Rs 1501.97 crore for 20 lakh MTPA cement and clinker plant at Yavatmal district.

Engineering major Thermax will invest Rs 687 crore in Satara district for manufacturing sub-critical and super-critical boilers. The investment has been given a mega project status.

Nipro India Corporation is planning to invest Rs 680 crore for setting up a unit for manufacturing medical devices, at Kesurd in Satara district.

Tetra Pak India proposes to invest Rs 594 crore for a manufacturing of packaging material facility at Chakan near Pune. Forbes Marshall will also be setting up unit with a Rs 250 crore investment at Chakan.

Maharashtra Seamless will invest Rs 375 crore for making seamless pipes at Raigad. Soktas India which is textile company would be investing Rs 268 crore for weaving unit at Kohapur.