Rs 50,000-crore investments in Maharashtra soon’

Maharashtra would attract investments of Rs50,000 crore in the next four months and a fifth of it would be in Pune district, a top official from the state’s industries department said.

The Maharashtra Industrial Development Corporation (MIDC) would acquire 10,000-15,000 acres of land in the coming year to cater to these investments. Moreover, unused land for over 10 years would be taken back under a special drive after reviewing their use, said the department’s official, who did not want to be named.

Industries sources said MIDC was planning to ensure that there was enough landbank in the state this year. On December 13, the cabinet sub-committee of the state approved Investment proposals worth Rs70,000 crore in various sectors, especially in and around Vidarbha, Marathwada, Nashik and Pune regions, which were expected to create 55,000 jobs.

Pune in the first lot had attracted around investments worth Rs17,000 crore. Over Rs40,000 crore investments would be made in Naxalite-affected districts. The cabinet sub-committee in its second meeting approved the construction of three major projects in Naxalite-affected districts Gadchiroli and Chandrapur in the Vidarbha region.

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