CapitaLand Pledges Massive Investment in Maharashtra’s Growth Sectors
In a significant vote of confidence for Maharashtra’s economic prowess, global real asset manager CapitaLand Investment has signed a Memorandum of Understanding with the state government, pledging to invest over INR 19,200 crores (approximately S$2.83 billion) by 2030. This massive investment will primarily target high-growth sectors such as business parks, data centers, and logistics and industrial parks across Mumbai and Pune. The move solidifies Maharashtra’s reputation as a top destination for foreign direct investment, signaling a robust future for its innovation and manufacturing ecosystems. [26]