The cabinet sub-committee on industries in Maharashtra has cleared proposals inviting ?40,000 crore ($5.6 billion) in investments to the state. This includes the development of the India Gems and Jewellery Park in Navi Mumbai, which is expected to bring an investment of ?20,000 crore ($2.8 billion) and create direct and indirect employment opportunities for one lakh people. The sub-committee also approved proposals for the establishment of four electric vehicle and battery manufacturing units in Pune and Aurangabad.
Shinde approves ₹20,000-crore jewellery park in Navi Mumbai
