Maharashtra's Industrial Development: Minister Uday Samant's Update on Investment, Job Creation, and Cooperative Sector Progress

Maharashtra Minister for Industry and Marathi Language Uday Samant provided insights into the state's industrial development, investment inflows, job creation, and progress in the cooperative sector at the Davos Summit. Samant stated that Memorandums of Understanding (MoUs) worth Rs 15.72 lakh crore were signed, with 15 entrepreneurs already being allotted land, and land distribution underway for seven projects. He claimed that the Maha Yuti government has significantly contributed to the Chief Minister Employment Generation Scheme, supporting approximately 50,000 new entrepreneurs in the past three years.

Key Takeaways:

• MoUs worth Rs 15.72 lakh crore were signed, with 15 entrepreneurs already being allotted land and land distribution underway for seven projects.
• The Maha Yuti government has supported approximately 50,000 new entrepreneurs in the past three years, a significant increase from the previous Maha Vikas Aghadi government.
• Major local investments committed by entrepreneurs in 2024 were Rs 96,681 crore, while MoUs worth Rs 1,27,322 crore have been signed for 2025.
• Employment generation under the current government outpaces the previous government, with 12,326 and 19,800 entrepreneurs supported in 2022-23 and 2023-24, respectively.
• The Honey Village Scheme is being implemented in 10 villages with an expenditure of Rs 5 crore, generating rural employment through beekeeping and related activities.
• Under the central government's Vishwakarma Yojana, loans have been disbursed to 30,650 beneficiaries in Maharashtra.
• Key industrial corridors are being developed in Satara (3,500 acres) and Konkan (2,500 acres), and land acquisition is ongoing for the Purandar international airport project.

Statistics:

• Rs 15.72 lakh crore: the total value of MoUs signed at the Davos Summit.
• 46: the total number of MoUs signed.
• 15: the number of entrepreneurs already being allotted land.
• Rs 96,681 crore: the total investments committed by local entrepreneurs in 2024.
• Rs 1,27,322 crore: the total value of MoUs signed for 2025.
• 50,000: the approximate number of new entrepreneurs supported by the Maha Yuti government in the past three years.
• 12,326: the number of entrepreneurs supported in 2022-23.
• 19,800: the number of entrepreneurs supported in 2023-24.
• Rs 5 crore: the expenditure on the Honey Village Scheme in 10 villages.
• 30,650: the number of beneficiaries who have received loans under the Vishwakarma Yojana in Maharashtra.

Sources:

• Indian National Press (Bombay) Pvt. Ltd. (2025)
• Contify.com