Nashik to receive investments of over Rs 7,770 crore, says Maharashtra minister Uday Samant

NASHIK: State industries minister Uday Samant said the government was backing the industrial growth in Nashik and the district would see investments of Rs 7,771 crore.
He said Reliance Lifesciences Limited would invest Rs 4,200 crore in Dindori, while another pharma major's investment would be about Rs 1,200 crore. Apart from this, three companies are carrying out expansion.
The minister said the state has already handed over land to industries for their investments worth Rs 46,000 crore, a part of the MoUs signed at the World Economic Forum in Davos this year.
"The Rs 1.37 lakh crore MoUs signed in Davos earlier this year have started yielding results. We promised 75,000 jobs by March. A total of 12,600 entrepreneurs have got direct employment under the Chief Minister's Employment Guarantee Programme and they are further providing jobs," he said.
Samant added that the number of entrepreneurs to whom his department had extended support had gone up to 12,600 from 4,000 since he took over the department nine months ago.
'Nashik to get investments of Rs 7,770cr'
Samant, who was in Nashik to attend the two-day annual conference of general managers of the District Industries centres (DIC), said land plots to set up industries worth Rs 45,000 crore more have been identified and would be handed over soon after due legal procedure.
The Ratnagiri MLA announced a hike in project cost under the CMEGP from Rs 20 lakh to Rs 50 lakh in service sector and from Rs 50 lakh to Rs 1 crore in the manufacturing sector. He also urged officials to quickly dispose off applications received under the scheme.
"Be kind to the applicants and explain to them if their proposals can be processed or not. Applicants should not be forced to visit the office several times," he said.