Maharashtra Gets Rs 5,127-Cr FDI

Mumbai: The Maharashtra government on Wednesday signed a Memorandum of Understanding (MoU) with Blackstone Group’s subsidiaries, XSIIO Logistics Parks and Horizon Industrial Parks, which will bring Rs5,127 crore FDI and create 27,510 jobs, officials said.

The MoU was signed at the Sahyadri Guest House between Industries Secretary Dr P Anbalagan and president of Horizon Industrial Parks RK Narayanan. This MoU aims to develop modern logistics and industrial parks across Maharashtra’s key industrial and multimodal logistics hubs, a statement from the Chief Minister’s Office (CMO) said.