Saturday, June 6, 2026
News

Maharashtra govt signs MoUs worth Rs 4,080 crore in electronic, logistic sectors

SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | June 5, 2026 9:24:27 PM IST
Two Memorandums of Understanding (MoUs) were signed at the Chief Minister's official residence, 'Varsha', in the presence of Maharashtra Chief Minister Fadnavis -- one between the Government of Maharashtra and Jabil (electronics manufacturing company), and another between the Government of Maharashtra and Dubai-based RSA Global, an official statement said.

These agreements will bring an investment of Rs 4,080 crore to Maharashtra and generate approximately 4,750 direct and indirect employment opportunities, it added.

Chief Minister Fadnavis stated that both projects would provide a major boost to industrial investment, export capacity, and the modern logistics infrastructure in Maharashtra, while accelerating the creation of high-skill jobs. Furthermore, these initiatives will further strengthen Maharashtra's leadership position in the electronics manufacturing and logistics sectors.

State government said Jabil will set up an Electronics Manufacturing Services (EMS) expansion project in Pune. The company plans to invest Rs 1,500 crore to manufacture 5G equipment and Artificial Intelligence (AI)-based networking switchgear, a move expected to generate approximately 4,000 direct jobs. Jabil has been operating in Maharashtra for 23 years and currently employs over 10,000 people in the state. The company's new state-of-the-art manufacturing facility is set to commence operations on June 17, 2026.

Under a second Memorandum of Understanding (MoU) signed between the Government of Maharashtra and RSA Logistics and Transportation Pvt. Ltd., a state-of-the-art 'Ultra Mega Logistics Park' will be developed on a 25-hectare site within the Jawaharlal Nehru Port Authority (JNPA) area at Uran, Raigad district.

An investment of Rs 2,580 crore is proposed for this project, which is expected to generate approximately 750 direct and indirect jobs. Advanced facilities such as container stacking, container washing and cleaning, repairs, and the handling and storage of empty containers will be developed here.

Chief Minister Devendra Fadnavis assured entrepreneurs that the State Government would extend all possible cooperation for industrial expansion. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
On World Environment Day, Navigate with ...
NSE investor accounts cross 26 crore mar...
NAAS and Dhanuka Honour India's Agricult...
RBI's swap window and tax cuts could pul...
SpaceX amends IPO filing with $920M/mont...
Bisleri International Continues its Worl...
More...
 
INDIA WORLD ASIA
Shimla Police arrests Mandi man for alle...
NCC Air Squadron launches massive World ...
Cockroach Janta Party begins protest at ...
J-K: Indian Army organises humanitarian ...
Bihar: Prasad Hospital license revoked a...
Delhi Police arrests hotel cook in Malav...
More...    
 
 Top Stories
Pix boosts Brazil's digital payment... 
Iyer named India's T20I captain for... 
Ramalinga Reddy is my friend, resig... 
Shreyas Iyer to lead India at 2026 ... 
Project Exhibition at Ramaiah Insti... 
'AI won't just moderate posts, it w... 
PM Modi holds meeting with Economic... 
CBSE retains COEMPT for answer-shee...