Singapore-based CapitaLand Investment Limited has signed a Memorandum of Understanding with the Maharashtra government to invest over Rs 19,200 crore by 2030 in Mumbai and Pune. 

The investment will be directed towards developing next-generation business parks, logistics hubs, IT campuses, and data center infrastructure. 

This is part of CapitaLand’s long-term India strategy, as the company already manages over 30 properties in the country. 

The MoU was signed on the sidelines of a state investment promotion event, where officials highlighted the role of such projects in creating employment, attracting global enterprises, and enhancing the state’s infrastructure competitiveness.