Mumbai, Nov 7: Auto major Mercedes Benz will set up a manufacturing unit in Maharashtra soon, Chief Minister Vilasrao Deshmukh said here today.
Talking to reporters here, Mr Deshmukh said the company had decided to shut down its assembling unit in Pune but decided to stay back in the state after persuasion from the state government.
''The company is looking out for good locations to set up its full- fledged manufacturing unit by investing Rs 250 crore. The officials are in talks with the state government. The investment could go up when the MoU is signed,'' he added.
Mr Deshmukh said the company was hunting for sites around Pune district.