Cabinet OK for Rs 81K-cr big bang projects
The Free Press Journal|July 31, 2024
In a significant boost to Maharashtra's industrial sector ahead of the assembly polls, the Maharashtra cabinet on Tuesday granted a nod to seven big-ticket projects worth Rs 81,137 crore and aimed at generating 20,000 jobs in the high-tech sectors of lithium batteries, electric vehicles and semiconductors.

The biggest ventures are from JSW Green Mobility Ltd (Rs 27,200 crore) and JSW Energy PS Eleven Ltd (RS 25,000 crore), in the fields of electric and hybrid cars and lithium battery manufacture, respectively. The state's first integrated semiconductor project has been proposed at Taloja, Raigad, located on the outskirts of Mumbai.

The approved projects will come up in the state's Konkan, Marathwada and Vidarbha regions, where assembly polls are due in October.

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