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The Maharashtra government has signed 19 memorandums of understanding involving investment commitments worth around INR 14.5 lakh crore on the opening day of the World Economic Forum Annual Meeting in Davos. The proposed investments are expected to generate over 15 lakh jobs, supporting the state's long-term growth plans. Chief Minister Devendra Fadnavis inaugurated Maharashtra's pavilion and held meetings with global companies across sectors such as consumer goods, hospitality, logistics, urban development, green steel and digital infrastructure. Officials said strong investor interest reflects confidence in Maharashtra's infrastructure and market potential. The state is also promoting major initiatives, including plans for a "third Mumbai," to drive future urban and economic expansion.
The Maharashtra government announced that it has signed 19 memorandums of understanding involving investment commitments of approximately INR 14.5 lakh crore on the first day of the World Economic Forum Annual Meeting in Davos, Switzerland. The agreements are projected to support more than 15 lakh jobs as part of a wide-ranging push to boost the state's growth prospects and attract global capital. Advertisement
Chief Minister Shri Devendra Fadnavis inaugurated the state's pavilion at the global summit and held several business-to-government meetings with international companies operating across a range of sectors. These included firms in consumer goods, beverages, hospitality, logistics, urban development, green steel and digital infrastructure, signalling strong investor confidence in Maharashtra's consumer markets and infrastructure readiness.
Fadnavis highlighted that the interest shown by investors also reflects momentum in transformative initiatives such as the development of a "third Mumbai," a major urban growth project being pursued by the state government. He was joined by the state's Minister for Industries and senior officials during the engagements, which are expected to continue over the remaining days of the summit.
The investment commitments announced on the first day are part of Maharashtra's broader strategy to leverage global platforms for sustained capital inflows and strategic partnerships, reinforcing the state's position as a key destination for large-scale investments.
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