US major GE is planning an additional investment of Rs 3,000 crore in Maharashtra. Among other equipment, it will produce power turbines in the State.
According to a statement issued by the Chief Minister's Office on Thursday afternoon, the investment announcement was made by the Vice-Chairman of GE, John Rice, after a meeting with the Chief Minister, Devendra Fadnavis, at Davos, Switzerland.
Fadnavis is in Davos to attend the World Economic Summit along with a delegation from the State.
GE already has a major faclity near Pune for producing electrical equipment.
Further details are awaited.