Maharashtra Is the Powerhouse of India’s Future: Chief Minister Devendra Fadnavis ⚡
MoUs Worth ₹14.50 Lakh Crore Signed on the First Day at Davos
15 Lakh Employment Opportunities; Major Investments in IT, Data Centers, and Green Energy
Davos | January 20:
Chief Minister Devendra Fadnavis’ assertion that Maharashtra is the gateway for industry and investment in India was strongly reinforced on the global stage. On the very first day of the World Economic Forum (WEF) Annual Meeting in Davos, Maharashtra secured investment commitments worth ₹14.50 lakh crore, marking a historic milestone. These investments are expected to generate around 15 lakh employment opportunities across the state.
In the presence of Chief Minister Devendra Fadnavis and Industries Minister Dr. Uday Samant, 19 Memorandums of Understanding (MoUs) were signed between the Maharashtra government and leading national and international companies through the state’s Industries, Investment and Services Department.
Industrial Growth Across Maharashtra 🚀
The investments span key sectors including green energy, food processing, steel manufacturing, IT-ITES, data centers, EV and automobile manufacturing, shipbuilding, and digital infrastructure.
Besides Mumbai, regions such as Ratnagiri, Palghar, Gadchiroli, and Ahilyanagar will witness significant industrial expansion, boosting regional development and large-scale local employment.
Maharashtra Pavilion Draws Global Attention 🌍
Chief Minister Devendra Fadnavis, Industries Minister Dr. Uday Samant, and a high-level delegation of Maharashtra government officials are attending the Davos summit. From the very first day, global industry leaders expressed strong interest in investing in Maharashtra, creating a vibrant and enthusiastic atmosphere at the Maharashtra Pavilion.
Inaugurating the Maharashtra Pavilion, the Chief Minister said:
“Maharashtra is ready to shape the future as a reliable, long-term partner. As the powerhouse of India’s future, Maharashtra is calling upon the global industry.”
‘War Room’ to Monitor Implementation of MoUs 🏗️
The Chief Minister emphasized the government’s commitment to ensuring swift implementation of the signed agreements.
“A dedicated war room will monitor the progress of all investment agreements. Investors will receive all required facilities in a timely and quality-driven manner,” he stated.
He also expressed confidence that this year’s investment and employment commitments will surpass last year’s achievements.
Focus on Circular Economy in Mumbai and MMR ♻️
Mumbai is moving towards a circular economy model through improved solid waste management and air and water quality control.
A comprehensive development blueprint has been finalized for the Mumbai Metropolitan Region (MMR), including plans for the creation of ‘Third Mumbai’, with an emphasis on generating high-paying employment opportunities.
More Major Investment Deals Expected 📈
Over the next two days at Davos, further investment agreements are expected in AI, quantum computing, digital infrastructure, fintech, logistics, shipbuilding, EVs, and renewable energy sectors. Discussions with industry leaders are already underway.
Key Investment Agreements Signed 📄
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Government of Maharashtra – Carlsberg
Sector: Food Processing
Investment: ₹500 crore
Employment: 750 -
Government of Maharashtra – Yoki Green Energy Pvt. Ltd.
Sector: Renewable Energy
Investment: ₹4,000 crore
Employment: 6,000
Location: Palghar / MMR -
Government of Maharashtra – Surjagad Ispat
Sector: Steel
Investment: ₹20,000 crore
Employment: 8,000
Location: Gadchiroli -
Government of Maharashtra – Lodha Developers
Sector: IT and Data Centers
Investment: ₹1 lakh crore
Employment: 1.5 lakh -
MMRDA – Global Investment Groups
Sectors: Logistics, Infrastructure, Real Estate
Investment: Multi-billion dollars
Employment: Several lakhs
MAITRI Cell Strengthens Investment Ecosystem 🤝
The MAITRI (Maharashtra Industry, Trade and Investment Facilitation Cell), established on the Chief Minister’s directions, has significantly streamlined investment facilitation. As a result, Maharashtra continues to attract increasing interest from global investors.
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