Tata trusts to pump Rs 50,000 crore into Maharashtra

At a time when the state desperately needs a boost for the development of its industrial sector and infrastructure, the Ratan Tata-headed Tata Trusts may soon give the government a Rs 50,000-crore reason for cheer. 

Infrastructure, education, tourism and health are some of the key sectors that may get a major boost thanks to the keen interest shown by Tata Trusts. A strategic partnership is being worked out, which is likely to witness an investment of approximately R50,000 crore in the near future. 

A crucial meeting to devise the future course of action will take place today at Sahyadri state guesthouse, where the state government team headed by Chief Secretary JS Saharia will discuss strategy with Ratan Tata and four of his top-level colleagues from the group. The meeting will decide on the mode of cooperation between the government and the Tatas, sources from the government said.

See more at: http://www.mid-day.com/articles/tata-trusts-to-pump-rs-50000-crore-into-maharashtra/15276057

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