Maharashtra signs 19 MoUs worth US$ 163 billion at World Economic Forum in Davos
- IBEF
- January 21, 2026
Maharashtra kicked off the World Economic Forum in Davos on a high note as it registered a record number of investments to attract funds. Day one saw Maharashtra sign 19 MoUs amounting to Rs. 14.50 lakh crore (US$ 163 billion) to reiterate that Maharashtra is the most attractive destination in the country in terms of investments. These MoUs were witnessed by the presence of Chief Minister Mr. Devendra Fadnavis and Industries Minister Dr. Uday Samant to reflect that Maharashtra boasts a significant amount of international faith in the state’s growth policies and investment policies. These MoUs are spread across a vast number of sectors such as green energy, food processing, steel, IT-ITES, Data Centre, electric vehicles, shipyard, and digital infrastructure, that aptly showcase that Maharashtra is a destination of choice for international and domestic investors alike. Moreover, these MoU signings will also help to provide employment to 15 lakh people, further leading towards employment and overall growth of Maharashtra’s growing workforce.
Looking ahead, many more MoUs are expected to happen in the coming couple of days and may even explore new horizons in fields such as Artificial Intelligence, Quantum Computing, FinTech, Logistics, Infrastructure, and Renewable Energy. All this comes in line with the Chief Minister Mr. Devendra Fadnavis’s vision for making Maharashtra the gatekeeper to industries in India and a destination for cutting-edge technology in terms of infrastructure readiness and connectivity to projects like Third Mumbai and other urban development projects on which good momentum has been achieved.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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