Mercedes-Benz Commits Rs 3,000 Crore Investment in Maharashtra, Minister Confirms

17 Jun, 2024

Mercedes-Benz Commits Rs 3,000 Crore Investment in Maharashtra, Minister Confirms

Maharashtra Industries Minister Uday Samant announced that Mercedes-Benz will invest Rs 3,000 crore in Maharashtra, boosting job opportunities and industries in the state. This significant investment was confirmed after Samant met with top executives of Mercedes-Benz during his tour in Germany.

Samant shared on social media that the investment will increase employment in Maharashtra. “Had a meeting with the representative of the Mercedes-Benz company while on tour to Germany today. Mercedes Benz is going to invest Rs 3,000 crore in Maharashtra this year. This will increase the number of jobs in Maharashtra along with industries. There was a discussion regarding this today,” he posted in Marathi.

The meeting included Mercedes-Benz management board members such as Dr. Jörg Berger, Director of Political Operations - External Affairs, Marina Krets, Director of Sales & Marketing for Region Overseas, Martin Schulz, Executive Operations Head of Mercedes-Benz India, and others.

This development is anticipated to strengthen the Shiv Sena-BJP-NCP government ahead of the state assembly elections, countering opposition claims that Maharashtra is losing major projects to other states like Gujarat.

Samant also mentioned that the Maharashtra delegation met with German officials to discuss addressing the skilled labor gap. Maharashtra aims to support the German state of Baden-Württemberg with their workforce needs, ensuring a smooth transition for Maharashtra's workers by equipping them with technical skills and basic German language proficiency for employment opportunities with German companies. Samant and his team also met Winfried Kretschmann, Minister-President of Baden-Württemberg, along with other ministers.