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Spectrum Electrical Industries inks MoU with Government of Maharashtra

12 Apr 2025 Evaluate

Spectrum Electrical Industries has signed the Memorandum of Understanding (MoU) with the Department of Industries, Government of Maharashtra during Government of Maharashtra’s Investment Summit 2025 on April 11, 2025 at Jalgaon for the purpose of proposed expansion investment of Rs 100 crore in Maharashtra.

The Government of Maharashtra will facilitate to the company to obtain necessary permission/registrations/ approvals/clearances/fiscal incentives etc. from the concerned departments of the State, as per the existing policies/rules and regulations of the Government of Maharashtra.

Spectrum Electrical Industries is engaged in the business of designing and manufacturing of electrical, automobile and irrigation components as contract manufacturers and as component suppliers to leading industry players on Business-to-Business (B2B) model.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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