The Hindu Business Line : Maharashtra in pact with Cummins for unit in Satara

On Saturday, seven memorandum of understanding were signed by the Industries Department for setting up diverse manufacturing facilities in the State, which will come up in the next three years.

Over last the three years, 93 mega projects have been approved by the State Government, which has attracted an investment of Rs 1.14 lakh crore.

Addressing presspersons on the occasion, the Maharashtra Chief Minister, Mr Vilasrao Deshmukh, said that the majority of investments were coming up in relatively backward districts such as Aurangabad, Nagpur and Satara.

It will give a boost to the industrials climate in these regions and help ancillary industries.

Employment

The projects will provide direct employment to 2566 persons, he said.

Cummins group signed three MoUs with a total investment of Rs 900 crore.

The group would be setting factories in 150-acre area near Phaltan, Satara for producing engines for trucks and buses and generator sets.

Land acquisition

Mr Anant Talaulicar, Chairman and Managing Director of Cummins India Ltd, said that land acquisition for the site has been completed. About 30 per cent of the produced goods from Phaltan facility would be for the export market.

The site will eventually add more plants for all Cummins group companies, he said.

Malu Papers Ltd would be setting up an Rs 267-crore paper manufacturing plant in Saoner in Nagpur district. Ball Packaging Europe, beverage can manufacturing major would be setting up its plant with an investment of Rs 260 crore in Waluj, Aurangabad.

In Pune district, Universal Construction Machinery and Equipment Ltd would be setting up a plant with an investment of Rs 232 crore and Arihant Domestics Appliances Pvt Ltd with an investment of Rs 117 crore.

Mr Damodarlal Malu of Malu Papers said his Saoner facility would use recycle paper for paper manufacturing. The environmental impact analysis for facility has been completed, he said.

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