Tag Archives: Job Creation

Maharashtra signs ₹500-Crore Investment MoU with Carlsberg at Davos

Leave a reply

Maharashtra has secured a ₹500-crore investment commitment from global brewing major Carlsberg, reinforcing the state’s appeal as a key destination for foreign investment in the food and agro-processing sector.

The Memorandum of Understanding (MoU) was exchanged at the World Economic Forum (WEF) Annual Meeting in Davos in the presence of Maharashtra Chief Minister Devendra Fadnavis and Carlsberg CEO Jacob Aarup-Andersen.

Under the agreement, Carlsberg will invest ₹500 crore in Maharashtra, a move expected to generate approximately 750 new jobs. The investment will be directed towards sustainable, long-term projects aligned with the state’s industrial and agricultural development priorities.

State officials said the partnership underscores Maharashtra’s growing attractiveness for global investors, particularly in value-added agro and food-based industries. The project is also in line with the state government’s broader agenda of driving employment generation, promoting sustainability, and accelerating industrial growth.

The Carlsberg MoU adds momentum to Maharashtra’s investment outreach at Davos. On the first day of the WEF, the state signed 19 investment MoUs collectively valued at ₹14.5 lakh crore. These proposed investments span sectors including green energy, food processing, steel manufacturing, IT-ITES, data centres, electric vehicles and automobiles, shipbuilding, and digital infrastructure.

According to a government press release, the cumulative investments are expected to generate nearly 15 lakh job opportunities across Maharashtra.

Uttar Pradesh Drafting New Excise Policy

Leave a reply

The Uttar Pradesh government is drafting a new Excise Policy 2026-27 to accelerate industrial investment in the state and strengthen revenue resources, according to reports. The government plans to encourage setting up of new distilleries in the state and is looking at companies which can export too.

The Uttar Pradesh government is keen on expanding investments into the state and is working on creating a conducive investment climate. The government said that favourable policies for distillery plants will not only lead to an increase in revenue, but also create employment opportunities at the local level. Establishment of new distillery units in the state will be made simpler and more attractive, and deliberations are underway to make the licensing process more transparent and time-bound, rationalise the fee structure, and provide ease in necessary approvals, the statement said.

Uttar Pradesh government is keen on establishing the state as a major hub for the distillery industry which in turn, it believes, will boost investor confidence in the state. Besides, the expansion of the distillery industry is expected to create thousands of direct and indirect employment opportunities, it said.