Walmart to invest Rs900 crore to open 15 outlets in Maharashtra | mumbai news | Hindustan Times
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Walmart to invest Rs900 crore to open 15 outlets in Maharashtra

Mumbai city news: These stores will help generate 30,000 direct and indirect jobs in the state, the state government said.

mumbai Updated: Jul 13, 2017 00:48 IST
HT Correspondent
The state industries department signed a Memorandum of Understanding (MoU) with Walmart on Wednesday. Chief minister Devendra Fadanvis was present at the occasion.
The state industries department signed a Memorandum of Understanding (MoU) with Walmart on Wednesday. Chief minister Devendra Fadanvis was present at the occasion.(HT)

Global retail giant Walmart is all set to open 15 stores in Maharashtra. For this, the US firm will invest Rs900 crore.

These stores will help generate 30,000 direct and indirect jobs in the state, the state government said.

The state industries department signed a Memorandum of Understanding (MoU) with Walmart on Wednesday. Chief minister Devendra Fadanvis was present at the occasion.

“MoU signed in presence of CM @Dev_Fadnavis between @Walmart & Industries Deparment, GoM for 15 modern wholesale cash & carry stores in Maharashtra. This wholesale cash & carry stores by @walmartindia will bring investment of ₹900 crore and generate 30,000 jobs in Maharashtra,” the chief minister’s office said in a series of tweets.

Pravin Pardeshi, additional chief secretary at chief minister office, Sunil Porwal, additional chief secretary for industries, Harshdeep Kamble, development commissioner and Krish Iyer Walmart’s India head were among others present at the time of signing of MoU.

At present, the retail giant has two stores in the state — Aurangabad (Marathwada) and Amravati (Vidarbha). In April, the company had announced opening 50 new stores across the country.

State joins hands with UNDP, Godrej for training women

The state government has join hands with United Nations Development Programme (UNDP) and Godrey and Boyce for women empowerment. The state skill development and entrepreneurship department and UNDP have signed a Letter of Understanding (LoU) with Godrej and Boyce to skill, train and guide women in Maharashtra.

The LoU was signed on Wednesday in the presence of Chief Minister Devendra Fadnavis and skill development and entrepreneurship minister Sambhaji Patil Nilangekar along with company’s chairman and managing director Pheroza Godrej and Aafreen Siddiqui of UNDP among other.