Jobs boost: Nashik region pulls Rs 4,325-cr investments

Nashik | Tuesday | 20th February, 2018

Summary:

Nashik region got only 0.25% investment while the maximum went to Vidarbha and Marathwada. Mumbai: The state government has signed 580 MoUs with various parties for investments to the tune of Rs 4,325 crore for Nashik region during three-day global investors’ summit ‘Magnetic Maharashtra’ in Mumbai.The region consist of five districts — Nashik, Ahmednagar, Dhule, Nandurbar and Jalgaon. The Food Processing Park, adjacent to Vinchur Wine Park, has attracted maximum investment of Rs 950 crore with 15 food processing projects to be set up over there.Dhule district attracted 83 MoUs for Rs 399 crore investments. However, there is a feeling among a section of the industrial fraternity that Nashik region got very less investment proposals as compared to the total investment the state government attracted through MoUs, which is Rs 12.10 lakh crore. This new investment will create 2,993 jobs.Nandurbar district has attracted 26 units at a total investment of Rs 729.77 crore, including the Rs 700-crore project of Genus Paper and Board Ltd.

A total 162 SMEs have signed MoUs for total investment of Rs 334.31 crore for Jalgaon district, which will generate 2,662 jobs..