Make in India week sees Rs. 15.20 lakh crore investments


The Make in India Week in Mumbai that showcased India’s manufacturing prowess, attracted Rs 15.20 lakh crore, Department of Industrial Policy and Promotion Secretary Amitabh Kant has said. “Make in India Week in Mumbai has been phenomenal hit. It has successfully brought manufacturing, design and innovation to the centre-stage”, Kant told in a press statement. […]


diip-secretary-amitabh-kantThe Make in India Week in Mumbai that showcased India’s manufacturing prowess, attracted Rs 15.20 lakh crore, Department of Industrial Policy and Promotion Secretary Amitabh Kant has said.

Make in India Week in Mumbai has been phenomenal hit. It has successfully brought manufacturing, design and innovation to the centre-stage”, Kant told in a press statement.

Maharashtra , which hosted the mega event,  alone attracted more than half of the investment  at  Rs 8 lakh crores across sectors. The state Chief Minister Devendra Fadnavis said a Task Force is being set up headed by the State Industry Minister to ensure that MoUs signed are translated into actual investments.

Key  MoUs signed for investment:

  • Sterlite Group company TwinStar Display Technologies & MIDC for LCD manufacturing unit in technical collaboration with Autron of Taiwan
  • BAE Systems and Mahindra for assembling and testing of M777 Howitzers
  • ORACLE’s USD 400 million investment in India to set up 9 incubation center
  • Trivitron healthcare manufacturing unit in Chennai
  • Gujarat Government and Vestas (Denmark) for wind mill blades manufacturing unit at Ahmedabad
  • Raymond Industries to invest Rs. 1400 crore for manufacturing linen yarn and fabric facility
  • Mahindra & Mahindra: Investment – Rs. 8000 crores (Nashik: Rs. 6500 crores, Chakan – Rs. 1,500 crore)
  • Gujarat Government and Tar Kovacs Systems (France) for offshore platform to develop marine applications in Gujarat
  • Tar Kovacs and Government of Karnataka for setting up ocean based renewable energy project
  • Yes Bank and IREDA for financing of renewable power projects
  • Ascendas | Investment: Rs. 4571 crore | Employment: 1.09 Lakh
  • Mercedes | Investment: Rs. 1500 crore | Employment: 4270
  • Rashtriya Chemicals and Fertilizers | Investment: Rs. 6204 cr | Employment: 140
  • Godrej Industries| Investment: Rs. 3000 cr | Employment: 2000
  • JSW Jaigarh Port Ltd | Investment: Rs. 6000 crores | Employment: 1000
  • CREDAI and MCHI for 5.7 Lakh affordable homes with an investment of Rs.1.1 lakh  crore and 7.6 lakh jobs
  • Government of Jharkhand and Vedanta Ltd
  • Government of Jharkhand and Adani group to set up a thermal power plant with a total capacity of 1,600 MW to be supplied to Bangladesh Grid
  • Agreement between Government of Jharkhand and Adani Group to set up a Coal based Methane fertilizer plant
  • Uber and Skill Development and Entrepreneurship Department (SDED) of the Maharashtra government
  • Solar Industries and Government of Maharashtra to set up a Nagpur plant for manufacturing of ammunition for armed forces

Source: PIB

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