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Bajaj Finserv to invest ₹5000-Cr in Pune, create 40000 jobs

Bajaj Finserv Ltd and the Maharashtra government signed a Memorandum of Understanding (MoU) to jointly develop ₹5000 crores projects in Pune.

The MoU was signed by Harshdeep Kamble, Industry Secretary, Government of Maharashtra, and S Sreenivasan, Chief Financial Officer, Bajaj Finserv. Devendra Fadnavis, Deputy Chief Minister of Maharashtra, and Sanjiv Bajaj, Chairman and Managing Director, Bajaj Finserv.

“We welcome the investment that Bajaj Finserv is making in the state of Maharashtra. We are proud of Bajaj group‘s association with Maharashtra and will provide all the necessary support for the development of this project,” said Devendra Fadnavis.

“We believe that growth should not come at the cost of the environment. Thus, in line with our ESG focus, the project is planned as a sustainable development one that meets the highest global standards of certifications with green solutions and a net-zero approach. We thank the government of Maharashtra for the continued support of our Group. Pune is and will continue to be a significant part of Bajaj Finserv’s growth journey,” said Sanjiv Bajaj.

According to the statement, Pune will continue to expand as a financial centre due to the Bajaj Finserv Campus project, which is expected to create 40,000 jobs.

Advanced connectivity and facilities for business will be provided by the project, which will get started in 2023. As new jobs and business possibilities are created for partners, vendors, suppliers, and contractors in and around Pune as well as globally, the development will have a positive impact on society and the economy, the statement added.

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BRL Editor
BRL Editor
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