Sinar Mas to invest Rs 20,000 crore to set up paper plant in Raigad

Deputy chief minister of Maharashtra, Devendra Fadnavis has tweeted from his official handle that "Chief minister Eknath Shinde handed over the land allotment letter to Sinar Mas Pulp & Paper, Indonesia for an investment of Rs 10,500 crore in Maharashtra." The project is 300 hectare land for Phase 1 and 600 hectare for Phase 2 in the Raigad district. Fadnavis added "This project will generate 7000 employment."

by Noel D'Cunha, Rahul Kumar