Summary:
On August 30, 2025, Virtuoso Optoelectronics Ltd (VOEPL) signed a non-binding Memorandum of Understanding (MoU) with the Government of Maharashtra to invest ₹800 crore in a new manufacturing facility at Dindori, Nashik, focused on electronics and motor component production. The initiative is projected to generate approximately 500 direct jobs, boosting the region’s industrial growth.