At the prestigious WEF annual meeting in Davos, Maharashtra Chief Minister Devendra Fadanvis orchestrated a flurry of MoUs exceeding thousands of crores, channeling global capital into the state’s priority sectors. With MMRDA’s collaboration, agreements cover real estate, logistics, steel, renewable energy, IT-ITeS, data centers, urban transport, and sustainable manufacturing.
Strategic bilateral meets defined the visit: Insights with Jeff Merritt of WEF on global industrial metamorphosis and innovation-led sustainability; expansion blueprints with IKEA’s Juvencio Mauez, bolstered by central support.
Breakdown of investments: $20 billion logistics revolution in Mumbai; Rs 20,000 crore steel push in Gadchiroli-Vidarbha; Rs 565 crore Palghar steel venture with BFN Forgings; Rs 4,000 crore green energy pact via Yoki Green; Rs 1 lakh crore IT-data center commitment from Lodha in Mumbai region.
Fadanvis expressed delight in discussions with Coca-Cola’s Michael Goltzman, spotlighting growth in Jamner-esque areas, GCC facilitations, top-tier food resources, and cooperative opportunities. This investment blitz cements Maharashtra’s stature as an investor magnet, fueling economic momentum, job generation, and visionary development.