Investment Tsunami: Maharashtra Rides Rs 3.53 Lakh Crore Wave in Davos

Maharashtra Chief Minister Eknath Shinde has announced that the state has inked memorandums of undertaking (MoUs) worth Rs 3,53,675 crore at the World Economic Forum 2024 in Davos, Switzerland. These MoUs have the potential to create more than two lakh jobs in the state.

The first day of the Davos conference saw investment agreements worth Rs 1,02,000 crore with six industries, with the potential to create 26,000 jobs. On January 17, the second day, agreements worth Rs 2,08,850 crore were signed with eight industries, projecting 1,51,900 job opportunities.

Adani Group, also met CM Shinde to discuss about the infrastructure sector in Maharashtra and potential investment opportunities. A meeting was convened with senior industrialist Lakshmi Mittal to explore future investment cooperation. Simultaneously, discussions were held with Liechtenstein's prince over industrial investments. During a meeting with CM, South Korea's Gyogni Province Governor Kim Dong Yeon I emphasised the synergy between South Korea's expertise in manufacturing and technology and India's strength in skilled manpower.

Czech Republic-based firm Witkowitz Atomica, met with the CM to explore investment opportunities in small modular nuclear reactor technology. Industries Minister Uday Samant was also present during these discussions.
 

News by Rahul Yelligetti