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Davos: Viraj Profiles and Maharashtra Government Sign MoU for INR 12,000 Crore Steel Project
Mumbai (Maharashtra) [India], January 28: In a significant move to boost employment opportunities and Maharashtra’s industrial growth, the Government of Maharashtra, under the leadership of Hon’ble Chief Minister Shri Devendra Fadnavis and Industries Minister Uday Samant, signed a landmark Memorandum of Understanding (MoU) with Viraj Profiles Private Limited (VPPL) at the 55th World Economic Forum’s Annual Meeting in Davos. The agreement, [...]
Mumbai (Maharashtra) [India], January 28: In a significant move to boost employment opportunities and Maharashtra’s industrial growth, the Government of Maharashtra, under the leadership of Hon’ble Chief Minister Shri Devendra Fadnavis and Industries Minister Uday Samant, signed a landmark Memorandum of Understanding (MoU) with Viraj Profiles Private Limited (VPPL) at the 55th World Economic Forum’s Annual Meeting in Davos. The agreement, worth INR 12,000 crore, will facilitate the establishment of an Integrated Stainless Steel Plant in Palghar, Maharashtra, creating 3,500 jobs and driving socio-economic development in the tribal region.
With this investment, Viraj Profiles aims to strengthen India’s position in the global stainless steel sector while contributing to Maharashtra’s growth story. The project will leverage advanced technologies and sustainable practices, creating employment opportunities in the region.
