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OfBusiness
OfBusiness Partners with Government of Maharashtra for 750 Crore Investment in Wardha District
October 11, 2024

OfBusiness Partners with Government of Maharashtra for 750 Crore Investment in Wardha District

We at OfBusiness are thrilled to announce a strategic partnership with the Government of Maharashtra, formalised through the signing of a Memorandum of Understanding (MoU). This collaboration, driven by a shared vision of economic empowerment, was marked by the gracious support of Shri Devendra Fadnavis, Honorable Deputy Chief Minister of Maharashtra, and the state’s administration.

This MoU represents a crucial step forward in our ongoing mission to strengthen Small and Medium Enterprises (SMEs) and contribute to India’s economic progress. Key commitments of this partnership include:

  • ₹750 crore investment in Wardha district (MIDC, Karanja Ghadge)
  • Creation of 15,000 direct and indirect jobs
  • Focus on empowering women artisans to promote inclusive growth
  • Strengthening new industries in Wardha, driving industrial development in the region
  • Utilization of local raw materials to foster regional economic advancement

This initiative underscores our dedication to supporting India’s entrepreneurial ecosystem, aligning with our broader vision of inclusive and sustainable development. By prioritizing local industries and empowering women, this investment will serve as a catalyst for long-term growth and community well-being in Wardha.

We are excited to collaborate closely with local communities, government bodies, and various stakeholders to bring this vision to life. Together, we aim to contribute to a stronger and more prosperous India.

Twitter Post by Shri Devendra Fadnavis

At OfBusiness, we believe in #BuildingTogether. This MoU signifies our commitment to not only the economic growth of a region but also the dreams and potential of its people.

#OFBusiness #Maharashtra #WomenEmpowerment #employment #Development

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