IN PICS: Maharashtra Government Signs MoU With DNEG-Prime Focus Limited For ₹3,000 Crore Investment In Media & Entertainment

Mumbai: In a significant step towards boosting Maharashtra's media and entertainment sector, the state government has signed a Memorandum of Understanding (MoU) with DNEG-Prime Focus Limited, a global leader in visual effects and post-production services on Friday.

The agreement, which was formalised during the WAVES 2025 summit, marks an investment of ₹3,000 crore and promises the creation of 2,500 direct jobs in the region. The announcement was shared by CM Devendra Fadnavis on X.

The collaboration between the government and DNEG-Prime Focus comes at a crucial time when the entertainment industry is witnessing substantial growth due to technological advancements and an increasing demand for high-quality content. This partnership is expected to contribute significantly to Maharashtra's growing reputation as a center for film and digital media production.

With the infusion of ₹3,000 crore and the creation of thousands of employment opportunities, this MoU is a crucial step in fostering the state's position as a leader in the global media and entertainment landscape, while also strengthening the local economy through job creation and technological innovation.

CM Devendra Fadnavis Shares MoU Signing With DNEG-Prime Focus On X

In a recent post on X (formerly Twitter), Chief Minister Devendra Fadnavis shared the exciting news of the signing of MoU 3 between the Government of Maharashtra and DNEG-Prime Focus Limited. The agreement, which is part of the WAVES 2025 initiative, is set to bring a significant ₹3,000 crore investment to the state and create 2,500 direct jobs in the media and entertainment sector.

CM Fadnavis shared a picture from the meeting, where he was joined by Mr. Namit Malhotra, CEO of DNEG-Prime Focus Limited, to witness the signing. The MoU aims to boost the media and entertainment industry in Maharashtra, contributing to the state's growing economy and job market.

The full caption of CM Fadnavis’s post reads: "WAVES 2025: Building Bridges for Tomorrow. MoU 3 Signed between the Government of Maharashtra & DNEG-Prime Focus Limited. Total investment: ₹3,000 crore. Employment: 2,500 direct job creation. Sector: Media and Entertainment. CM Devendra Fadnavis & Mr. Namit Malhotra, CEO, DNEG-Prime Focus Limited witnessed the signing."