Nagpur, India | Day 1 of Advantage Vidarbha 2026 – Khasdar Audyogik Mahotsav marked a major boost for industrial and infrastructure development in central India, with Memoranda of Understanding (MoUs) worth ₹10,880 crore (approximately USD 1.3 billion) signed, paving the way for more than 6,000 direct and indirect jobs across the Vidarbha region.
The event, conceptualized by Union Minister for Road Transport and Highways Nitin Gadkari, highlighted Vidarbha’s rising profile as a strategic investment destination, particularly in clean energy, advanced manufacturing, and healthcare infrastructure.
Major Investment Agreements
Among the key agreements signed:
- Galaxy Solar Energy Pvt. Ltd. announced an investment of ₹10,080 crore to establish an Integrated Solar and Battery Energy Storage System (BESS) Manufacturing Plant in Nagpur district. The project is expected to play a crucial role in strengthening India’s renewable energy supply chain and clean energy manufacturing capabilities.
- G R Infraprojects Limited committed ₹200 crore to set up a tower manufacturing facility in Nagpur, supporting infrastructure development and regional industrial expansion.
- Quality CARE India Ltd. (Care Group) signed an MoU with Maha-Metro to develop a 350-plus bed multi-specialty hospital near the Kasturchand Park Metro Station. The healthcare project, to be implemented under a Public-Private Partnership (PPP) model, will involve an investment of over ₹600 crore.
Employment and Regional Impact
Addressing the gathering, Mr. Gadkari said the projects would significantly enhance employment opportunities, improve industrial capacity, and strengthen urban healthcare services in Vidarbha. He emphasized that such investments reflect growing confidence in the region’s infrastructure readiness and policy support.
The Maharashtra state government, led by Chief Minister Devendra Fadnavis, was praised for its proactive role in facilitating investments and creating a business-friendly environment conducive to long-term industrial growth.
Strategic Importance
Industry experts say the MoUs underscore Vidarbha’s emergence as a key hub for renewable energy manufacturing, infrastructure development, and healthcare services, aligning closely with India’s national priorities of sustainable development, job creation, and balanced regional growth.
With investor confidence on the rise, these projects are expected to strengthen local supply chains, accelerate industrialization, and contribute to long-term economic and social development in the region.