Aria Holding, a Qatar-based leading global conglomerate, signed a MoU (Memorandum of Understanding) with the Government of Maharashtra worth an estimated investment of INR 2000 Crore, during the World Economic Forum, 2024 in Davos, towards setting up a floating glass manufacturing facility in the state. The upcoming facility is poised to bolster the state’s infrastructure and drive economic growth.
The state-of-the-art facility will manufacture glass for local, national, and international demands and create a spectrum of direct and indirect job opportunities. The MoU marks a significant step towards the Prime Minister’s ‘Make In India‘ initiative.
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The collaboration between the Maharashtra government and Aria Holding will contribute towards promoting the local economy, attracting new investors, and fortifying the state’s manufacturing sector.
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