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Pactionary Farrago Deccan: Steel Synergies Spur Sovereign Stimulus Surge
Maharashtra announced nine steel & allied sector MoUs totalling ₹80,962 crore (≈$9.76B) promising 40,300 jobs through diversified investments in stainless steel, integrated carbon steel, battery materials & alloys. Jindal Stainless leads value share at ₹41,580 crore (≈$5.01B) while Rashmi Metallurgical adds ₹25,000 crore (≈$3.01B). State leaders pledged to cut red tape & fast track clearances. Sustainability, skill training & regional inclusion underpin the strategy aiming to transform under served districts into industrial growth anchors.
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