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Mercedes-Benz To Invest Rs 3,000 Crore In Maharashtra: State Industries Minister

Mercedes-Benz announces a massive Rs 3,000 crore investment in Maharashtra, boosting employment opportunities in the state.

<div class="paragraphs"><p>(Source:&nbsp;Ambitious Studio | Rick Barrett/ Unsplash)</p></div>
(Source: Ambitious Studio | Rick Barrett/ Unsplash)

German automaker Mercedes-Benz is set to invest Rs 3,000 crore in Maharashtra, the state's Industries Minister Uday Samant said on Thursday.

Minister Samant during his tour of Germany met with senior executives from Mercedes Benz and discussed potential investment opportunities in the state, he said in a post on X, formerly known as Twitter.

"Mercedes Benz will invest Rs 3,000 crore in Maharashtra this year. This will help create employment opportunities in the state," he said.

The development could give a shot in the arm, ahead of assembly elections, to the Shiv Sena-BJP-NCP government which has been battling charges from the opposition that Maharashtra is losing big-ticket industrial projects to other states including Gujarat.

(With Text Inputs From PTI)

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