The first day of the Advantage Vidarbha business conclave in Nagpur saw investment commitments and agreements totaling ₹27,500 crore, with a strong focus on transforming Vidarbha into a major industrial and employment hub. Key announcements included Mahindra & Mahindra's ₹15,000 crore integrated automobile and tractor project in Nagpur, a ₹10,000 crore investment in smelters, and a ₹2,500 crore partnership with a German company to bring advanced electric vehicle technology to the region. Leaders emphasized Vidarbha's steel potential, job creation, and the importance of addressing regional imbalances through large-scale projects and infrastructure improvements such as the Wainganga-Nalganga river-linking initiative. The conclave also highlighted diversification into agriculture, textiles, and tourism, with technology-driven approaches aimed at boosting output and creating sustainable livelihoods for the region's youth.
Original article source: https://timesofindia.indiatimes.com/city/nagpur/rs-27k-cr-mous-commitments-on-advantage-vidarbha-day-1/articleshow/128006701.cms
Source Id: 2026-02-973385667



