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Maharashtra signs pact with Aggreko India for ₹400 crore investment, 1,000 jobs expected in Pune

Indiatimes 1 week ago
The Maharashtra government on Monday signed a memorandum of understanding (MoU) with Aggreko India to set up a new engineering and manufacturing facility in Pune district.
The project is expected to attract an investment of around ₹400 crore and generate approximately 1,000 direct jobs over the next 10 years, according to officials.

The agreement was signed in the presence of Chief Minister Devendra Fadnavis at Sahyadri Guest House in Mumbai. Senior officials from the state government and company representatives were also present during the signing. As per the proposed plan, the facility will be located in Phulgaon near Pune and is expected to begin operations within the current year. The centre will focus on advanced engineering and manufacturing solutions related to energy and temperature control systems. Officials indicated that the facility could become one of Aggreko's key global centres outside Scotland.


State authorities said the project would receive support in terms of clearances, approvals and other administrative processes as per existing policies. Departments including industries, energy and labour are expected to facilitate implementation. Industry observers note that Pune has increasingly emerged as a hub for global capability centres (GCCs) and advanced manufacturing units, driven by its skilled workforce and existing industrial ecosystem. The addition of a new facility is likely to strengthen the region's supply chain network and may offer opportunities for micro, small and medium enterprises (MSMEs) to integrate into global operations.


The company is expected to focus on developing energy-efficient and sustainable technologies, including solutions aimed at reducing carbon emissions and improving operational efficiency. Officials also said the project aligns with broader efforts to promote cleaner technologies and climate-resilient infrastructure. While such investments are seen as a positive indicator for industrial growth, experts highlight that long-term impact will depend on timely execution, infrastructure support and market demand.
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Disclaimer: This content has not been generated, created or edited by Dailyhunt. Publisher: Indiatimes