MIDC signs Rs 15,260 cr MoU at World Expo 2020 in Dubai

02 Dec 2021 CW Team

On Saturday, Maharashtra Industrial Development Corporation (MIDC), at the ongoing World Expo 2020 being conducted in Dubai, inked 25 MoU’s with a planned investment of approximately Rs 15,260 crore under Magnetic Maharashtra 2.0.

Magnetic Maharashtra 2.0 was in its seventh edition with this and its first international edition.

MIDC told the media that the memorandum of understanding (MoUs) inked are in essential sectors like logistics, auto and auto components, textiles, electric vehicles, pharma, data centre, biofuels and energy.

This planned investment would have potential direct employment creation for 10,851 people.

Firms planning to fund in Maharashtra are from Singapore, Japan, Sweden, Germany, Korea and Italy.

The Maharashtra government is engaging in the Dubai expo between November 19, 2021, and 2nd December 2021 and has a delegation headed by Minister of Industries, Subhash Desai, accompanied by other seniors of the Industries department between the 19th and 21st of November 2021.

Maharashtra has witnessed a surge in its foreign direct investment (FDI) inflow from Rs 2,543 crore in 2004-05 to Rs 79,216 crore in 2019-20 and is a powerful contributor to the total FDI flowing into the nation.

Image Source

Infrastructure Transport

30 Jun 2026

Tunnels and Bridges: Critical Links

Scores of point-to-point road connectivity projects across India have improved mobility and reduced travel time. But a shortcoming of point-to-point roads is that they don’t always unlock the full economic potential of the regions being connected, by creating opportunities for manufacturing, investments and employment along the route, thereby, effectively supporting India’s long-term growth ambitions.Consequently, the past decade in particular has seen a shift to corridor-led development, wherein infrastructure is planned as part of a larger economic ecosystem, explains Satyanarayan Purohi..

Beyond Backup Power

For decades, diesel gensets occupied a largely functional role in buildings: a mandatory backup system specified to meet statutory requirements and activated only during grid outages. Today, however, this perception is undergoing a profound shift. Across residential, commercial and mission-critical developments, developers, consultants and operators are increasingly viewing gensets as integral to a broader energy resilience strategy. Rising occupant expectations, growing dependence on digital systems and the proliferation of smart technologies mean that uninterrupted power has become essential..

Mumbai-Pune Connecting Link is designed to ensure reliable all-weather, high-speed transport.

Infrastructure connectivity will be one of the keys to achieve Viksit Bharat. And the Mumbai-Pune Connecting Link has been developed as a long-term infrastructure solution for Western India. Dr Anilkumar Gaikwad, Vice Chairman & Managing Director, Maharashtra State Road Development Corporation (MSRDC), a speaker at the RAHSTA Expo 2026, elaborates upon the project and its significance.The Mumbai-Pune Connecting Link has largely been discussed as a travel-time reduction project. From MSRDC’s perspective, what larger infrastructure and mobility problem was this project actually designed to..