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21 Gennaio 2026

India

MAHARASHTRA SIGNS 19 MOUS WORTH RS 14.5 LAKH CR ON FIRST DAY AT DAVOS

Maharashtra secured investment commitments worth Rs 14.5 lakh crore on the first day of the World Economic Forum meeting in Davos, with the state government signing 19 memorandums of understanding MoUs, officials said Monday.Led by Chief Minister Devendra Fadnavis, the Maharashtra delegation began a series of investor meetings at Davos, with four more days of engagements scheduled. The Chief Minister is expected to hold further discussions aimed at attracting investments across multiple sectors.According to information shared by the Chief Minister’s Office (CMO), the 19 MoUs signed on Day One are projected to generate over 15 lakh jobs across sectors, including infrastructure manufacturing, renewable energy, digital services, food processing and automobiles.During his previous visit to Davos in 2025, Maharashtra had received investment commitments worth Rs 16 lakh crore.By: Express News ServiceMumbai | Updated: January 20, 2026 09:40 PM IST5 min read1Maharashtra Chief Minister Devendra Fadnavis speaking at the World Economic Forum in Davos. (Source: X/@Dev_Fadnavis)Maharashtra secured investment commitments worth Rs 14.5 lakh crore on the first day of the World Economic Forum meeting in Davos, with the state government signing 19 memorandums of understanding MoUs, officials said Monday.Led by Chief Minister Devendra Fadnavis, the Maharashtra delegation began a series of investor meetings at Davos, with four more days of engagements scheduled. The Chief Minister is expected to hold further discussions aimed at attracting investments across multiple sectors.According to information shared by the Chief Minister’s Office (CMO), the 19 MoUs signed on Day One are projected to generate over 15 lakh jobs across sectors, including infrastructure manufacturing, renewable energy, digital services, food processing and automobiles.During his previous visit to Davos in 2025, Maharashtra had received investment commitments worth Rs 16 lakh crore.STORIES YOU MAY LIKEAhead of Republic Day, Gurgaon police intensify crackdown against lodging foreigners without necessary formDonald Trump’s Greenland dream puts Europe’s sovereignty on trialFrom Noida techie’s father’s grief, a question: Is our well-being even a sub-plot in the story of a Viksit Bharat?Details shared by the CMO show that several large investment proposals were finalised on the first day. Sumitomo Realty and Development committed an investment of $8 billion with an employment potential of 80,000 jobs. K Raheja Corp signed an MoU involving $10 billion in investment and 1,00,000 jobs, while Alta Capital and Panchshil Realty committed $25 billion with a projected employment generation of 2,50,000 jobs. IISM Global committed $8 billion with employment potential of 80,000 jobs.The state government also entered into strategic and knowledge partnerships with global institutions. Japan International Cooperation Agency JICA was signed on as a strategy and policy partner, while Sembcorp Development Ltd of Singapore will act as a knowledge partner for integrated industrial parks with low carbon emissions. The Technical University of Munich Germany partnered with the state on sustainable urban transport systems, while Urban Futures Collective London will work with professors from leading global universities to create digital twin ecosystems of Mumbai aimed at enhancing sustainability resilience and urban livability.In the steel sector, the Maharashtra government signed an MoU with Surjagad Ispat Ltd for the tribal region of Gadchiroli in Vidarbha, involving investments worth Rs 20,000 crore and a commitment to generate 8,000 jobs.Separately, an agreement between the state government, MMRDA and SBG Group in the logistics sector for Mumbai and the Mumbai Metropolitan Region (MMR) is expected to bring in investments worth $20 billion and generate 4.5 lakh jobs.Earlier in the day, Fadnavis met Juvencio Maeztu CEO and president of Ingka Group IKEA Retail at the Congress Centre at the WEF in Davos.“It was nice to know about IKEA’s plans for India and he thanked us for the support by GoM for their business in Maharashtra. Very happy to hear from him IKEA’s plans for large-scale investment and expansion in Maharashtra,” the Chief Minister said......READ MORE AT   https://indianexpress.com/article/cities/mumbai/maharashtra-signs-19-mous-worth-rs-14-5-lakh-crore-on-first-day-at-davos-10484138/ (ICE MUMBAI)


Fonte notizia: Indian Express