ANI
05 Jun 2026, 23:03 GMT+10
Mumbai [Maharashtra], June 5 (ANI): 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)
Get a daily dose of India Gazette news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to India Gazette.
More InformationWASHINGTON, D.C.: The Trump administration has proposed new tariffs of 10 percent or more on imports from dozens of major U.S. trading...
NEW YORK, New York - U.S. stocks closed sharply higher on Thursday, led by a blockbuster rally in the Dow Jones Industrial Average,...
NEW YORK CITY, New York: Elon Musk's SpaceX is planning an unprecedented stock market debut, aiming to raise a record US$75 billion...
SAN FRANCISCO, California: Microsoft said it expects to have commercially useful quantum computers by 2029 after unveiling a new quantum...
LONDON, U.K.: Nigeria's Dangote refinery has built up a significant surplus of jet fuel and is well-positioned to supply markets around...
NEW YORK, New York - Wall Street suffered a dramatic sell-off on Wednesday as a new outbreak of hostilities in the U.S.-Iran conflict...
Nairobi [Kenya], June 5 (ANI): High Commission of India in Nairobi on Friday announced that they will plant 500,000 trees in Kenya...
Daman and Diu [India], June 5 (ANI): Prime Minister Narendra Modi on Friday inaugurated and dedicated projects worth around 1,340 crore,...
New Delhi [India], June 5 (ANI): India's GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance...
New Delhi [India], June 5 (ANI): India's FY26 economic growth presents a 'balanced picture' with different components contributing...
By Himank Tripathi New Delhi [India], June 5 (ANI): The moment I wore the Maharana Pratap Stamp Watch Automatic from the Jaipur...
New Delhi [India], June 5 (ANI): The Special NIA court at Patiala House on Friday framed charges against Popular Front of India (PFI)...
