India puts up a big show at Davos World Economic Forum (WEF), bags Rs. 20 lakh crore (US$ 231.54 billion) investment commitments

The World Economic Forum Annual Meeting recently concluded with Indian leaders highlighting the growing global trust in India, reflected in investment commitments exceeding Rs. 20 lakh crore  (US$ 231.54 billion). Maharashtra emerged as the leader, securing nearly 80% of the total investments, with the state signing 61 Memorandum of Understandings (MOUs) worth Rs. 15.70 lakh crore (US$ 181.76 billion), potentially creating 16 lakh jobs. Other states like Telangana, Kerala, and Uttar Pradesh also secured significant investments in data centers, green energy, and Fast Moving Consumer Goods (FMCG) sectors. Telangana’s MoUs amounted to Rs. 1.79 lakh crore (US$ 20.72 billion), promising nearly 50,000 jobs. At the same time, Kerala showcased its industrial transformation, and Uttar Pradesh presented its vision to become a Rs. 86.38 lakh crore (US$ 1 trillion) economy. 

Union Minister of Information & Broadcasting, Railways, Electronics & IT, Mr. Ashwini Vaishnaw, emphasized India's rise as a trusted country that respects intellectual property and promotes inclusive growth despite global challenges. The event marked the first time Union and state ministers, representing diverse political parties, presented a unified "Team India" front. Major global companies, including AB InBev and Unilever, made significant announcements of investments in India. The next WEF Annual Meeting will take place in Davos in January 2026. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.