Maharashtra signs MOUs with companies, secures Rs 80,962-crore investments

The Maharashtra government on Friday signed nine Memoranda of Understanding (MoUs) with various companies, securing a total investment of Rs 80,962 crore, officials said.

The proposed projects are expected to generate over 40,300 jobs across the state, reported news agency PTI.

The agreements were formalised during the Steel Mahakumbh organised by the All India Induction Furnaces Association (AIIFA) in Goregaon, Mumbai, in the presence of Chief Minister Devendra Fadnavis, Union Minister Pralhad Joshi, and State Industries Minister Uday Samant. 

According to a statement from the Chief Minister’s Office, the projects will be set up in the districts of Gadchiroli, Chandrapur, Nagpur, Wardha, Raigad, Chhatrapati Sambhajinagar, and Satara, PTI reported.

Among the major investments, Rashmi Metallurgical Industries will set up an integrated steel plant in Wardha with a capital outlay of Rs 25,000 crore, which is expected to generate 12,000 jobs. In Raigad, Jindal Stainless Ltd will establish a stainless steel plant worth Rs 41,580 crore, creating around 15,500 jobs, the statement said.

In Chhatrapati Sambhajinagar, NPSPL Advanced Material (Atha Group) will invest Rs 5,440 crore to set up a `critically advanced lithium battery material and carbon complex,` which is expected to employ 5,000 people, reported PTI. Meanwhile, Gadchiroli will see joint projects by Sumedh Tools and Hariom Pipe Industries, bringing in Rs 5,135 crore investment and creating 5,500 jobs.

Other projects included Icon Steel India Pvt Ltd`s Rs 850-crore sponge iron unit in Chandrapur, Filtrum Autocomp`s Rs 100 crore automotive steel parts unit in Wai, Satara, G R Krishna Ferro Alloys` Rs 1,482 crore sponge iron project in Mul and Jaydeep Steelwork India`s Rs 1,375-crore ISP project in Nagpur.

Maharashtra starts direct transfer of grants to over 10,000 public libraries

The Maharashtra government has started depositing the first instalment of grants for more than 10,000 recognised public libraries directly into their bank accounts, Higher and Technical Education Minister Chandrakant Patil said on Friday.

Public libraries are not just repositories of books, but they nurture reading culture in society, he said.

Until now, grants were released in two instalments every year through district library officers, but this often led to delays. To deal with this issue, his department and the Directorate of Libraries have developed a computerised Library Grant Management System for transparent disbursal, the minister said in a statement.

As per a government resolution dated September 12, 2025, the first instalment was sanctioned, and grants of Rs 80.53 crore were being credited directly into the accounts of 10,546 public libraries, he said. 

(With PTI inputs)

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