•₹14.50 lakh crore worth of 19 MoUs signed on the very first day
• 15 lakh employment opportunities; major investments in IT, Data Centres and Green Energy
• Strong confidence of record-breaking investments surpassing last year
Davos :- Reinforcing Chief Minister Devendra Fadnavis’ assertion that Maharashtra is the Gateway of India for industry and investment, Memorandums of Understanding (MoUs) worth an unprecedented ₹14.50 lakh crore were signed on the very first day, leading to the creation of 15 lakh employment opportunities in the State.
Through the Department of Industries, Investment and Commerce, the Government of Maharashtra signed these MoUs with representatives from various sectors in the presence of Chief Minister Devendra Fadnavis and Industries Minister Dr. Uday Samant.
These investments span across green energy, food processing, steel manufacturing, IT-ITES, data centres, EV-automobile, shipbuilding and digital infrastructure sectors. The projects will be implemented in Mumbai, Ratnagiri, Palghar, Gadchiroli and Ahilyanagar, thereby accelerating industrial growth and large-scale employment generation in these regions.
Chief Minister Devendra Fadnavis, along with Industries Minister Dr. Uday Samant and a high-level delegation of various state government departments, is attending the World Economic Forum Annual Meeting in Davos. From the very first day, global industry leaders across sectors have shown keen interest in investing in Maharashtra, resulting in a significant inflow of investments and creating an atmosphere of enthusiasm at the Maharashtra Pavilion.
Earlier, the Maharashtra Pavilion at Davos was inaugurated by Chief Minister Devendra Fadnavis in the presence of Industries Minister Dr. Uday Samant. Expressing his views, the Chief Minister said that Maharashtra is presenting itself to the global industry as a future-ready, reliable and long-term partner, and is calling upon the world as the powerhouse of India’s future.
During discussions held at the MoU signing and exchange ceremony, Chief Minister Fadnavis stated, “Maharashtra is fully committed to justifying the trust shown by industry and investors. The post-MoU implementation will be closely monitored through a dedicated war room. We will ensure that entrepreneurs receive all required facilities in a timely and high-quality manner.”
Observing the overwhelming response from investors, the Chief Minister expressed confidence that this year’s investment and employment MoUs will surpass last year’s achievements. He also highlighted Maharashtra’s initiatives in circular economy, including solid waste management, air and water quality control in Mumbai. He further noted that Maharashtra is a state of limitless opportunities, and that the Maharashtra Economic Advisory Council has finalized a roadmap for the development of the MMR region and the creation of a Third Mumbai, with a strong focus on business growth and employment generation.
Over the next two days in Davos, further MoUs are expected in sectors such as Artificial Intelligence, Quantum Computing, Digital Infrastructure, FinTech, Logistics, Infrastructure, Shipbuilding, EVs and Renewable Energy. Discussions with representatives of these industries are already underway.
The growing investor confidence is also attributed to the Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI), established last year on the Chief Minister’s directions. This dedicated institutional mechanism for ease of doing business has significantly
List of Memorandums of Understanding (MoUs)
Government of Maharashtra – Carlsberg
Sector: Food Processing & Agriculture
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 – BFN Forgings
Sector: Steel
Investment: ₹565 crore
Employment: 847
Location: Palghar / MMR
MMRDA – Sumitomo Realty
Investment: Approx. USD 8 billion
Employment: 80,000
MMRDA – K. Raheja Group
Investment: Approx. USD 10 billion
Employment: 1 lakh
MMRDA – Alta Capital / Panchshil
Investment: Approx. USD 25 billion
Employment: 2.5 lakh
MMRDA – SBG Group
Sector: Logistics
Investment: Approx. USD 20 billion
Employment: 4.5 lakh
MMRDA – IISM Global
Investment: Approx. USD 8 billion
Employment: 80,000
MMRDA – JICA
Role: Policy and Strategy Partner
MMRDA – Sembcorp Development Ltd., Singapore
Role: Knowledge Partner for Integrated Industrial Parks
MMRDA – Technical University of Munich, Germany
Focus: Sustainable Urban Mobility Systems
Government of Maharashtra – Surjagad Ispat
Sector: Steel
Investment: ₹20,000 crore
Employment: 8,000
Location: Gadchiroli
Government of Maharashtra – Lodha Developers
Sector: IT & Data Centres
Investment: ₹1 lakh crore
Employment: 1.5 lakh
Companies expressing intent for further investment and expansion in Maharashtra:
Coca-Cola, IKEA, Skoda Auto
Additionally, Carlsberg CEO Jacob Aarup-Andersen praised Maharashtra’s investor-friendly ecosystem and industrial policy, noting that the company is actively preparing for an IPO in the capital markets. Chief Minister Fadnavis also held discussions with Coca-Cola Senior Vice President Michael Goltzman regarding future investments.