Sterlite, Ascendas and others to invest Rs 4 lakh cr in Maharashtra - Feedback

The Maharashtra government is ready to roll out the red carpet to investors during the Make in India week.

The government expects investment intentions of Rs 4 lakh crore — including Rs 20,000 crore from Sterlite, Rs 10,000 crore from Siemens, Rs 10,000 crore from Ascendas, Rs 6,500 crore from Posco, Rs 4,000 crore from M&M, Rs 2,500 crore from Hiranandani Group, Rs 2,500 crore from SKIL Infrastructure, Rs 1,500 crore from Raymond and Rs 1,000 crore from Mercedes India. These investment proposals will be in IT and ITES, integrated industrial parks, power transmission and distribution, steel, textiles and semiconductor fabrication.

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