Maharashtra signs Rs 14.5 lakh crore investment MoUs on Day 1 at Davos 2026

Maharashtra opened its participation at the World Economic Forum Annual Meeting 2026 with a strong showing signing 19 memoranda of understanding MoUs on the first day with a cumulative investment value of approximately Rs 145 lakh crore USD 173 billion The proposed investments are expected to generate over 15 lakh jobs across multiple sectors underscoring sustained global confidence in Maharashtrarsquos consumer markets infrastructure readiness and longterm growth prospects reported news agency ANIMaharashtra Pavilion inaugurated aligned with Viksit Maharashtra 2047 visionThe state began its Davos engagement with the inauguration of the Maharashtra Pavilion setting the tone for a week of highlevel interactions aligned with the vision of Viksit Maharashtra 2047 and the broader objective of transforming the state into a five trilliondollar economy reported ANIPavilion positioned as hub for outcomeoriented investment dialoguePositioned as a platform for structured dialogue and investment realisation the Maharashtra Pavilion reflects the statersquos outcomeoriented approach at Davos focusing on facilitating sustained capital deployment across industry consumer markets hospitality core infrastructure and digital infrastructureChief Minister holds B2G meetings with global corporationsOn Day 1 the Chief Minister held a series of businesstogovernment meetings with global corporations including CocaCola Antora Energy and Brookfield among others These engagements spanned sectors such as consumer goods beverages hospitality logistics urban development green steel and digital infrastructure Discussions centred on scaling existing operations expanding production and service capacities strengthening supply chains and positioning Maharashtra as a preferred base for serving Indiarsquos growing domestic and regional markets The Chief Minister was accompanied by Industries Minister Uday Samant and senior officials from the Chief Ministerrsquos Office the Industries Investment and Services Department and MMRDA reported ANIIndustries department anchors Rs 313 lakh crore investment commitmentsThe Industries Investment and Services Departmentmdashnodal agency for industrial development in the statemdashcoordinated investment commitments worth Rs 313 lakh crore approximately USD 38 billion with the potential to create over 44 lakh jobs These investments span food processing renewable energy green steel electric vehicles and automotive manufacturing shipbuilding and digital infrastructure With a singlewindow clearance mechanism and the MAITRI investment facilitation cell in place the department is positioned to ensure timely implementation of these projects reported ANIExecutionled approach boosts investor confidenceA key differentiator in Maharashtrarsquos investment success has been coordinated missionmode execution across departments under the leadership of Chief Minister Devendra Fadnavis Notably nearly threequarters of the MoUs signed at Davos in January 2025 have already progressed to the implementation stage This momentum is reflected in renewed commitments from existing investors Carlsberg Group announced an additional investment intention of Rs 500 crore USD 60 million citing expedited state support while Skoda Auto Volkswagen committed Rs 12000 crore USD 144 billion to expand its manufacturing footprint in Pune reported ANIMajor new MoUs announced in data centres steel and renewablesAmong new and landmark announcements Lodha Group signed its maiden MoU for data centre investments in Maharashtra worth Rs 1 lakh crore USD 12 billion ArcelorMittal announced a Rs 11 lakh crore USD 12 billion investment in sustainable steel manufacturing while Surjagad Ispat indicated an investment intention of Rs 20000 crore with employment potential for around 8000 people in the rural district of Gadchiroli Yoki Green Energy also signed an MoU worth Rs 4000 crore in the renewable energy sectorMaritime and defencelinked investments strengthen Aatmanirbhar Bharat pushMaharashtrarsquos contribution to the Aatmanirbhar Bharat vision was further reinforced through commitments in maritime and defencelinked sectors The state received a strategic investment proposal from Yeoman Marine Services worth Rs 1050 crore USD 120 million in shipbuilding and maritime servicesMMRDA signs Rs 11 lakh crore worth of infrastructure MoUsIn urban infrastructure MMRDA signed MoUs worth approximately Rs 11 lakh crore USD 137 billion with leading global infrastructure players including Brookfield and Sumitomo The SBG Group announced investment intentions of Rs 33 lakh crore USD 45 billion Additionally MMRDA entered into strategic partnerships with Japan International Cooperation Agency the University of California Berkeley Sembcorp the Technical University of Munich and the Urban Futures Collective Consortium to support the longterm development of Mumbai as a futureready global city reported ANIState eyes next wave of investments in AI mobility and digital sectorsBuoyed by a strong opening day Maharashtra is set to pursue further strategic investments over the remainder of the week in areas such as artificial intelligence quantum computing digital infrastructure shipping electric mobility renewable energy fintech logistics and core infrastructure as it continues engagement with global leaders to shape the statersquos next phase of growthWith inputs from ANI