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Maharashtra govt to sign 12 MoUs with global companies

Monday, 15 Jun 2020
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The Maharashtra government will be signing 12 large memorandums of understanding (MoUs) with companies from across the globe including US, China, South Korea and Singapore.

The MoU signing event would be attended by Chief Minister of Maharashtra Uddhav Thackeray.

The government will also reveal its Magnetic Maharashtra 2.0 road map with initiatives such as automatic permissions in 48 hours through the Maha Parwana route, plug and play infrastructure, a land bank of more than 40,000 acre for industries, flexible rental and pricing structures and industry employment bureau for local skills.

Magnetic Maharashtra has been an initiative of the state government for attracting global investments.

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