What is the total investment secured for Vidarbha's development?

Over Rs 10,880 crore in Memoranda of Understanding (MoUs) have been signed for investments in Vidarbha's solar, healthcare, and manufacturing sectors.

What are the key projects announced for Nagpur?

Key projects include a Rs 10,080 crore solar and battery manufacturing plant by Galaxy Solar Energy and a Rs 600 crore multi-speciality hospital by Maha-Metro and QCIL Care Group.

What is Maharashtra's government strategy for industrial growth?

The Maharashtra government is focusing on policy-led growth, revising and introducing new industrial policies, and aims to develop regions like Vidarbha for various industrial sectors.

Home / Business and Economy / Vidarbha Attracts Rs 10,880 Cr in Mega Investment Drive

Vidarbha Attracts Rs 10,880 Cr in Mega Investment Drive

7 Feb

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Summary

Over Rs 10,880 crore in MoUs signed for Vidarbha's development.
Galaxy Solar Energy to invest Rs 10,080 crore in Nagpur plant.
Maha-Metro partners for a new 350-bed hospital in Nagpur.

Vidarbha Attracts Rs 10,880 Cr in Mega Investment Drive

Maharashtra's Vidarbha region is poised for substantial economic expansion following the signing of Memoranda of Understanding (MoUs) totaling over Rs 10,880 crore. These agreements target key sectors including solar energy, healthcare, and manufacturing, signalling a robust investment climate.

The 'Advantage Vidarbha - Khasdar Audyogik Mahotsav 2026' saw the groundbreaking of several projects. A significant portion of the investment, Rs 10,080 crore, will be utilized by Galaxy Solar Energy to establish an integrated solar and battery energy storage system manufacturing plant in Nagpur, slated for completion in phases by 2036.

Maha-Metro has partnered with Quality CARE India Ltd (QCIL Care Group) for a new multi-speciality hospital in Nagpur, featuring over 350 beds. This public-private venture is expected to attract Rs 600 crore in investment and generate approximately 1,500 to 1,800 direct jobs. Another MoU with GR Infraprojects will see a Rs 200 crore tower manufacturing plant established in Nagpur.