Mumbai: Maharashtra chief minister Devendra Fadnavis, who is in Davos to participate in World Economic Forum, secured assurance of investment to the tune of ₹ 3,300 crore from GE Inc. and Schindler AG.
Fadnavis on Thursday met with GE’s executive vice president John Rice and during the meeting Rice told Fadnavis that GE is looking forward to make an investment of ₹ 3,000 crore in Maharashtra, the chief minister’s office said in a statement.
The company wants to expand its turbine manufacturing facility at Chakan in Pune district, said an official from chief minister’s office who did not want to be named.
Similarly, Schindler will also carry out expansion by investing ₹ 300 crore at its Talegaon plant in Pune district.
Fadnavis also met chief executive officer of Jürgen Tinggren, PepsiCo Inc.’s CEO Indra Nooyi and Australian packaging company Visy’s chairman Anthony Pratt.