Maharashtra Leads Charge in Green Steel Revolution with Massive Investment
The Maharashtra government signed initial pacts for over Rs 80,962 crore in investments from nine companies, anticipating over 90,300 new jobs. This was announced at AIIFA Steelex 2025, highlighting India's drive for sustainable, zero-carbon steel production, aiming to become the top producer and exporter globally.
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The Maharashtra government has taken significant steps towards revolutionizing the steel industry by signing initial investment pacts worth over Rs 80,962 crore with nine companies. This momentous move is expected to create more than 90,300 jobs statewide, reinforcing Maharashtra's crucial role in India's steel sector.
The announcements were made during the AIIFA Steelex 2025, an international conference championing 'Profitable Sustainability - Green Steel: A Future Ecosystem.' This platform hosted policymakers, industry leaders, and global experts, all aiming to forge a sustainable future for India's steel industry.
Union Minister Pralhad Joshi emphasized the strategic importance of transitioning to green steel, detailing the government's Rs 5,000 crore investment in the Green Steel Mission. Maharashtra Chief Minister Devendra Fadnavis echoed these ambitions, highlighting the state's commitment to leading the green steel sector and boosting export capabilities.
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