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Maharashtra Secures Record ₹14.5 Lakh Crore in Investments at Davos Summit

The Maharashtra government announced a record-breaking investment haul of ₹14.5 lakh crore from 19 Memorandums of Understanding signed on the opening day of the World Economic Forum summit in Davos. The deals, spanning infrastructure, industrial development, and strategic partnerships, are projected to create more than 15 lakh jobs. Key agreements include massive commitments from the Mumbai Metropolitan Region Development Authority and global firms like Brookfield and Sumitomo. Chief Minister Devendra Fadnavis led high-level engagements to discuss scaling operations, with the state highlighting its efficient clearance systems as a key driver for rapid project implementation.

Key Points: Maharashtra Signs ₹14.5 Lakh Crore MoUs at WEF Davos

  • Record ₹14.5L Cr MoUs signed
  • To generate over 15 lakh jobs
  • MMRDA leads with ₹11L Cr deals
  • 75% of Jan 2025 MoUs in implementation
2 min read

Maha govt signs MoUs for investment worth Rs 14.5 lakh crore on opening day of WEF summit

Maharashtra govt signs MoUs worth ₹14.5 lakh crore on Day 1 of WEF Davos, aiming to generate 15 lakh jobs and boost its $5 trillion economy vision.

"These agreements align with the state's 'Viksit Maharashtra 2047' vision - State Government Release"

Davos, Jan 19

The Maharashtra Government secured a record-breaking USD 173 billion in investment Memorandums of Understanding on its opening day of the World Economic Forum summit. This massive single-day haul nearly equals the state's total investment collection from the entire 2025 Davos summit.

The 19 MoUs signed are projected to generate more than 15 lakh jobs across various sectors. These agreements align with the state's "Viksit Maharashtra 2047" vision and its ambitious goal of becoming a five trillion-dollar economy, said the state government release.

The investments are distributed across several key departments and sectors. Infrastructure & Urban Development: The Mumbai Metropolitan Region Development Authority (MMRDA) signed MoUs worth approximately INR 11 lakh crore (USD 137 billion) with global firms including Brookfield and Sumitomo. Industrial Development: The Industry, Investment and Services Department coordinated deals worth INR 3.13 lakh crore (USD 38 billion). Strategic Partnerships: MMRDA entered a strategic partnership with the Japan International Cooperation Agency (JICA) and several international universities to develop Mumbai as a future-ready global city.

Of these MoUs, SBG Group for investment worth Rs 3.2 lakh crore (USD 44 Bn), Arcelor Mittal Rs 1.1 lakh crore (USD 12 BN), Lodha Group Rs 1 lakh crore (USD 12 Bn), Skoda Auto Volkswagen Rs 12,000 crore (USD 1.44 Bn) and Surjagad Ispat Rs 20,000 crore.

Chief Minister Devendra Fadnavis led high-level engagements with global giants such as Coca-Cola and Antora Energy to discuss scaling operations and strengthening supply chains. The state highlighted its "single window" clearance system and the MAITRI investment cell as key drivers for rapid implementation, said the release.

Officials noted that 75% of the MoUs signed in January 2025 have already progressed to the implementation stage, reinforcing international investor confidence in the region's infrastructure readiness. Following the Day 1 success, the Maharashtra delegation aims to maintain momentum throughout the week. Upcoming discussions are expected to focus on AI, Quantum Computing, Fintech, and Green Energy as the state continues its dialogue with global leaders, stated the release.

- IANS

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Reader Comments

P
Priya S
Impressive numbers, no doubt. But we've seen big announcements before. The key is execution and ensuring benefits reach beyond Mumbai and Pune. Need to see development in Vidarbha and Marathwada too. The 75% implementation rate from last year is a good sign, though.
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Rohit P
Rs 14.5 lakh crore in one day!? That's mind-boggling. If even half of this materializes, it will transform the state's infrastructure. The partnership with Japanese agencies gives me confidence in the quality of execution. Jai Maharashtra!
S
Sarah B
Working in the renewable sector here, the mention of Antora Energy and Green Energy focus is very encouraging. India, and Maharashtra specifically, has massive potential to be a green energy hub. This is the kind of forward-thinking investment we need.
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Vikram M
Good step, but the government must ensure transparency in these deals. Which companies got the contracts? What are the terms? The "single window" system must not become a "single door" for a select few. Public trust is built on details, not just big numbers.
K
Kavya N
As a recent graduate, the promise of 15 lakh jobs gives me hope. Especially if they are in AI, Fintech, and Quantum Computing. Hope the skill development programs run parallel so we are ready for these high-tech roles. Don't want to miss this bus!

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