Amid the high-stakes discussions at WEF 2026, MMRDA stole the show by signing two blockbuster $26 billion MoUs in Davos, graced by CM Devendra Fadnavis. Targeting AI prowess and eco-industrial expansion, these moves solidify Mumbai’s status as India’s innovation vanguard.
The $11 billion Tata MoU spearheads a sprawling innovation city by Navi Mumbai Airport, weaving AI, R&D, renewables, and tourism into a vibrant growth engine. Parallelly, the $15 billion India-Switzerland venture imports cutting-edge sustainable practices for industrial upliftment.
MMRDA’s three-day WEF sweep amassed $226.65 billion via 24 diverse MoUs—13 pure investments, 11 partnerships—smashing last year’s $40 billion benchmark and setting a global precedent for semi-govt entities.
‘We’re fueling Maharashtra’s economic transformation with AI infra and global sustainability benchmarks,’ proclaimed Fadnavis, stressing long-term youth and economy gains. Shinde, as Chairman, noted: ‘These deals validate our people-first industrial vision, spawning jobs and stability.’
Dr. Sanjay Mukherjee beamed with pride: ‘A 51-year first in direct FDI records. Beyond projects, this builds integrated hubs for manufacturing excellence, logistics might, and livable cities.’ Outcomes? Thriving employment, robust infrastructure, and Mumbai emerging as a sustainable global contender.