Maharashtra is set for a green revolution with Vietnam’s Vingroup announcing an $8.5 billion (71,000 crore rupees) investment package. Unveiled on Wednesday with Chief Minister Devendra Fadnavis in attendance, the MoU focuses on integrated urban development, industry, tourism, clean energy, and EV ecosystem.
This historic FDI pledge promises 24,700 new jobs within two years, with developments across 5,000 acres in MMR and select Maharashtra sites. At its core is a 2,700-acre smart township designed for 200,000 residents, blending sustainability and modern living.
Electric mobility takes center stage with plans for extensive taxi fleets and an innovative MaaS platform. The deal encompasses critical sectors like education and health—featuring VinSchool academies and Vinmec hospitals—plus a 170-acre V-Green EV charging grid statewide.
Renewable energy gets a major push through 500 MW solar farms on 1,200 acres. Tourism will flourish with a sprawling 865-acre theme park, zoo, and safari complex. Fadnavis described it as among the biggest investments ever, accelerating green energy, infrastructure, and dynamic transport systems across the state.
‘Mumbai-Raigad is poised to become one of the world’s most vibrant urban centers,’ the CM affirmed. Maharashtra’s administration stands fully committed to facilitating investors and clearing all obstacles promptly, ensuring this partnership delivers transformative growth.
