Spectrum Electrical executed an MoU with Maharashtra Government for a proposed ₹110 crore expansion investment.
The investment in Talegaon Akrale Industrial Area, Dindori is expected to generate 525 direct and indirect jobs.
Maharashtra Government will facilitate necessary permissions, approvals, and fiscal incentives for the project.
MoU was signed during Maharashtra Investment Summit 2026 in Nashik on May 6, 2026.