🏭 Big Manufacturing Push in Maharashtra!

(PGEL), through its step-down subsidiary Next Generation Manufacturers Pvt Ltd, has signed an MoU with the Government of Maharashtra under the state’s flagship Magnetic Maharashtra initiative. 📌 Project Highlights: Investment: ₹1,000 crore 💰 Location: Kamargaon, Ahilyanagar Focus: Greenfield facility for air conditioners, washing machines, refrigerators & allied products Employment Impact: Over 5,000 direct & indirect jobs 👷‍♂️👷‍♀️ Why it matters: ✅ Strengthens India’s manufacturing ecosystem ✅ Boosts consumer electronics capacity in western India ✅ Aligns with “Make in India” & “Atmanirbhar Bharat” vision