How is Maha CM Engaging with Global Investors at the WEF Summit?
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Key Takeaways
Davos, Jan 20 (NationPress) Maharashtra Chief Minister Devendra Fadnavis engaged in a series of discussions with international investors and leaders on the second day of the World Economic Forum summit on Tuesday to seek out investment possibilities and collaborations.
During the summit, CM Fadnavis held talks with Sung Kim, President of Hyundai Motor Company, Ajay Banga, President of the World Bank Group, Hayashi Nobumitsu, Governor of JBIC, David Burt, Premier of Bermuda, and Carlsberg CEO Jacob Aarup-Andersen, as reported by the Chief Minister’s Office (CMO).
CM Fadnavis shared on X, “Had a productive interaction with Sung Kim, President of Hyundai Motor Company, at #WEF2026 in Davos. Our conversation revolved around Hyundai’s investment aspirations, opportunities for establishing export-oriented ventures in Maharashtra, and possible partnerships in electric vehicles, hydrogen mobility, and sustainable transport.”
The Chief Minister remarked that Kim emphasized the significance of the Indian market for Hyundai and reiterated the company's strong backing for the Make in India initiative.
“He also expressed gratitude for Maharashtra’s electric vehicle policies and outlined plans to introduce five new EV models shortly. We discussed Hyundai’s ongoing commitment to CSR, particularly in education, training, and skill enhancement. I also received an invitation to the inauguration of Hyundai’s Pune facility,” he stated.
He noted that these interactions highlight Maharashtra’s position as a favored investment hub at the forefront of India’s growth narrative.
Additionally, he mentioned his meeting with Hayashi Nobumitsu, Governor of JBIC, which focused on strengthening the India-Japan partnership and advancing Maharashtra’s green initiatives.
“I had a fruitful meeting with Hayashi Nobumitsu, reaffirming the profound social synergy and trust that characterize India-Japan relations. Maharashtra is well-equipped to be a pivotal partner in this endeavor, supported by dependable power supply, excellent connectivity, and extensive infrastructure investments,” he remarked.
The Chief Minister added that with urban transport transformation as a priority and a need for nearly 20,000 electric buses, mass mobility presents a promising opportunity for Japanese collaboration and green investments in Maharashtra.
“Maharashtra warmly welcomes JBIC’s interest in collaborating closely with the Maharashtra Government to develop sustainable, future-ready cities and unlock new business opportunities,” he stated.
He emphasized Maharashtra’s considerable prospects for Japanese green investments, especially in urban mobility and electric buses.
Fadnavis, during his meeting with Ajay Banga, President of the World Bank Group, discussed strategies to tap into the potential of a green industrial corridor in Maharashtra to attract global investments, along with efforts to digitize MSMEs to boost competitiveness and drive export growth.
“Our ongoing collaboration will contribute to Maharashtra’s sustained growth and development through strategic initiatives,” he added.
He also met David Burt, Premier of Bermuda, stating, “Our discussion transcended policy, reflecting mutual aspirations for inclusive growth, innovation, and interpersonal connections. I shared Maharashtra’s eagerness to partner with global stakeholders who value trust, transparency, and long-term value creation. Such interactions reaffirm the strength of dialogue in fostering robust international partnerships.”
The Chief Minister noted that Carlsberg CEO Jacob Aarup-Andersen praised Maharashtra and expressed appreciation for the favorable business environment in the State under his leadership.
“They are also expanding their operations with significant increased investments,” he concluded.