PG Electroplast, through its subsidiary Next Generation Manufacturers, is set to establish a major electronics manufacturing facility in Maharashtra with a Rs 1,000 crore investment. 

The new plant, located in Kamargaon, Ahilyanagar, will be highly vertically integrated, producing a wide range of consumer electronics, including air conditioners, washing machines, and refrigerators. 

The project, which is part of the "Magnetic Maharashtra" initiative, aims to bolster the local components ecosystem and is expected to create over 5,000 direct and indirect jobs, contributing significantly to the state's industrial growth.