Pune: Chakan To Get Rs 50,000 Crore Investment, Job Opportunities For 25,000 People

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Pune, December 29, 2020: Maharashtra Industrial development corporation (MIDC) in Chakan will get an investment of about Rs 50,000 Crores in the upcoming year. Six new multi-national companies (MNC) will set up their plants in this area.

 

The MIDC has began its expansion for the 5th phase for which the land has been acquired from surrounding villages. It includes Chakan, Waki Khurd, Ambethan, Rohkal, Gonvad and Bidrawadi. The phase will be developed on 637 hectares and the remuneration for the land has been given to the farmers. As of now Rs 200 crore has been given as remuneration to farmers, and more will be given after the dispute will sorted out, said Vikrant Chavhan, regional head of Khed Tahsil.

 

The regional officer of MIDC Avinash hadgal said, “We have signed a memorandum of understanding (MOU) with six new MNCs and they will set up their plants which will create approx 25,000 employment opportunities for people and will also witness large amount of investment. It will be a great booster for the economy.”