Young Entrepreneurs From Backward Regions Of Marathwada Sign ₹2,564 Crore Investment MoU

Young Entrepreneurs From Backward Regions Of Marathwada Sign ₹2,564 Crore Investment MoU

Founded by entrepreneurs Aditya Agarwal and Satish Agarwal, Rovision Tech Hub aims to bridge the digital divide by bringing cutting-edge technology to the grassroots.

PTIUpdated: Thursday, August 21, 2025, 07:53 AM IST
article-image
File Image |

Jalna: In a boost to Maharashtra's digital infrastructure and inclusive industrial growth, Rovision Tech Hub Pvt Ltd, a company founded by young entrepreneurs from backward regions of Marathwada, has signed a Memorandum of Understanding (MoU) with the state government.
The MoU, entailing investment of Rs 2,564 crore, was signed on Tuesday in the presence of Chief Minister Devendra Fadnavis.

Founded by entrepreneurs Aditya Agarwal and Satish Agarwal, Rovision Tech Hub aims to bridge the digital divide by bringing cutting-edge technology to the grassroots.

Under the terms of the MoU, the company will develop a high-capacity, green-certified data centre in Navi Mumbai, powered by energy-efficient systems and robust network connectivity.

Satish Agarwal said the ambitious project entails a total investment of Rs 2,564 crore, bolstered by Foreign Direct Investment (FDI), and is expected to generate over 1,100 new employment opportunities.
This development not only marks a technological leap but also contributes to Maharashtra's goal of becoming a global digital and data infrastructure hub, he said.

Disclaimer: This story is from the syndicated feed. Nothing has changed except the headline.

RECENT STORIES

EPFO Increases Death Relief Amount, Central Employees Families To Get ₹15 Lakh Support

EPFO Increases Death Relief Amount, Central Employees Families To Get ₹15 Lakh Support

Navi Mumbai: Senior Citizen Put Under "Digital Arrest" For 12 Days, Duped Of ₹21 Lakh

Navi Mumbai: Senior Citizen Put Under

GST Reforms To Boost Auto Sector, Prices May Drop This Festive Season

GST Reforms To Boost Auto Sector, Prices May Drop This Festive Season

EPFO Sees Record Membership Surge In June, Youth & Women Lead The Growth

EPFO Sees Record Membership Surge In June, Youth & Women Lead The Growth

Financial Services Secretary M Nagaraju Urges MDs & CEOs Of State-Owned Banks To Increase Lending To...

Financial Services Secretary M Nagaraju Urges MDs & CEOs Of State-Owned Banks To Increase Lending To...