Maharashtra Secures Lithium Refinery & Healthcare Tech at Davos WEF 2026

Chief Minister Devendra Fadnavis announced at the World Economic Forum that Maharashtra has secured a major lithium refinery project, bolstering its energy sector. He emphasized that bilateral trade agreements are crucial for attracting factories and maintaining the state's role as India's economic growth engine. Simultaneously, the state government discussed partnerships with global medical firms to deploy advanced technology for more accessible and affordable healthcare. The forum also saw India promoted as a leading renewable energy market, with calls for global investment.

Key Points: Maharashtra's Davos Deals: Lithium & Healthcare Growth

  • Lithium refinery investment secured
  • Advanced medical tech for affordable healthcare
  • Bilateral trade agreements emphasized
  • Maharashtra pitched as top industrial destination
2 min read

"Growth Engine of India": CM Fadnavis shares benefits of bilateral agreement for Maharashtra

CM Fadnavis announces lithium refinery & medical tech partnerships at WEF 2026, highlighting Maharashtra's role as India's growth engine.

"Any bilateral agreement is beneficial to a state like Maharashtra, which has always been a growth engine of the Indian economy. - Devendra Fadnavis"

Davos, January 21

Maharashtra is set to see a boost in industrial growth following several international trade discussions held in the World Economic Forum on Wednesday IST.

Chief Minister Devendra Fadnavis stated that global partnerships and trade agreements are vital to the state, as they attract more factories and business opportunities to keep Maharashtra ahead in the national economy. The state has emerged as a top destination for large-scale energy projects, with the latest being a lithium refinery.

Elaborating on the state's strategic advantage, the Chief Minister said, "Lithium refinery, it has come to Maharashtra, and there are certain other areas where the investments are coming. Any bilateral agreement is beneficial to a state like Maharashtra, which has always been a growth engine of the Indian economy. Any bilateral tie-up, FTA, is always very beneficial to Maharashtra."

Meanwhile, Maharashtra Chief Minister Devendra Fadnavis also announced a new plan to use advanced medical technology to make healthcare accessible to everyone in the state. During a special session in Switzerland, the state government met with global medical companies to discuss how new machines and digital health tools can lower the cost of treatment for the common man.

The 56th Annual Meeting of the World Economic Forum is being held from January 19 to 23, 2026, at Davos-Klosters, welcoming nearly 3,000 participants from over 130 countries, including a record number of world leaders, CEOs, innovators and policymakers, under the theme "A Spirit of Dialogue."World leaders from government, business, civil society, and academia will convene in Davos to engage in forward-looking discussions on global issues and set priorities. The call for bold collective action makes the meeting particularly relevant. India is Pitched as One of the World's Fastest-Growing Renewable Energy Markets at Davos. Union Minister Pralhad Joshi urges global investors to partner in India's rapid clean energy expansion at the World Economic Forum 2026 in Davos.

- ANI

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Reader Comments

S
Sarah B
As someone working in the renewable energy sector, this is very promising. India becoming a hub for lithium processing is crucial for our EV ambitions. Davos is a great platform, but the real test is implementation on the ground. Fingers crossed!
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Rohit P
Good to see focus on healthcare tech. If digital tools can reduce my father's medical bills in Nagpur, that's a bigger win than any refinery. Hope these discussions lead to actual, affordable solutions soon.
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Vikram M
While attracting investment is great, I hope the government ensures sustainable development. We don't want factories at the cost of our environment and farmers' land. The "growth engine" must be green and inclusive.
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Priya S
Maharashtra gets another big project, fantastic! But what about other states? The central and state governments need to work on distributing opportunities more evenly. Balanced regional development is key for a strong India.
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Karthik V
Davos talks are one thing, ground reality is another. We hear these announcements every year. Show us the jobs, show us the factories being built, show us the reduced hospital queues. Then we will celebrate. Action speaks louder than words.

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