Jalgaon, April 29 -- The Maharashtra government's industry department signed Memorandums of Understanding (MoUs) with 119 companies on Monday, paving the way for investments worth Rs 436.41 crore in Dhule district.

The agreements were formalised during an investment summit held in Jalgaon city and are expected to generate over 11,500 jobs in the region.

Vrushali Sone, Joint Director of Industries (Nashik division), signed the MoUs in the presence of state revenue minister Chandrashekhar Bawankule and Dhule's guardian minister Jaykumar Rawal, who chaired the event.

The proposed investments, which are expected to materialise over the next one to two years, will cover sectors including textiles, food processing, fertilisers, engineering, ...