Did Maha Secure MoUs for Investments Worth Rs 14.5 Lakh Cr on the First Day of WEF Summit?
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Synopsis
On the first day of the World Economic Forum summit, Maharashtra has made headlines by signing a record number of investment MoUs worth Rs 14.5 lakh crore. This achievement not only signifies a leap toward economic development but also reflects confidence in Maharashtra's vision for the future.
Key Takeaways
- Maharashtra secured $173 billion in investment MoUs.
- Over 1.5 million jobs are expected to be created.
- Key partnerships with global firms like Brookfield and Sumitomo.
- Focus on future-ready initiatives in Mumbai.
- Ongoing discussions on AI and Green Energy.
Davos, Jan 19 (NationPress) The Government of Maharashtra has achieved an unprecedented milestone by securing $173 billion (Rs 14.5 lakh crore) in investment Memorandums of Understanding (MoUs) on the inaugural day of the World Economic Forum summit. This remarkable single-day achievement is nearly equivalent to the total investment collected by the state during the entire 2025 Davos summit.
The 19 MoUs signed are expected to create over 1.5 million jobs across multiple sectors. These agreements support the state’s vision of “Viksit Maharashtra 2047” and its aspiration to become a $5 trillion economy, as stated in a release from the state government.
Investments are spread across several critical areas. In the Infrastructure & Urban Development sector, the Mumbai Metropolitan Region Development Authority (MMRDA) signed MoUs amounting to approximately INR 11 lakh crore (USD 137 billion) with international firms like Brookfield and Sumitomo.
The Industry, Investment and Services Department facilitated agreements worth INR 3.13 lakh crore (USD 38 billion). The MMRDA also entered a strategic alliance with the Japan International Cooperation Agency (JICA) and several global universities to prepare Mumbai as a future-ready global city.
Among these MoUs, the SBG Group committed to investing Rs 3.2 lakh crore (USD 44 billion), Arcelor Mittal Rs 1.1 lakh crore (USD 12 billion), Lodha Group Rs 1 lakh crore (USD 12 billion), Skoda Auto Volkswagen Rs 12,000 crore (USD 1.44 billion), and Surjagad Ispat Rs 20,000 crore.
Chief Minister Devendra Fadnavis led high-level discussions with global corporations like Coca-Cola and Antora Energy regarding expanding operations and fortifying supply chains.
The state emphasized its single window clearance system and the MAITRI investment cell as crucial factors for swift execution, according to the release.
Officials reported that 75% of the MoUs signed in January 2025 have already advanced to the implementation phase, boosting international investor confidence in the region’s infrastructural readiness. Following the success of Day 1, the Maharashtra delegation plans to sustain this momentum throughout the week.
Future discussions are expected to delve into AI, Quantum Computing, Fintech, and Green Energy as the state continues to engage with global leaders, as stated in the release.
Point of View
It's essential to recognize that the Maharashtra Government's recent MoUs signify a crucial step towards enhancing the state's economic landscape. The substantial investments reflect not only confidence from global investors but also a commitment to creating employment opportunities and fostering innovation in key sectors. With a clear vision for the future, Maharashtra is poised to become a significant player in the global economy.
NationPress
20/01/2026
Frequently Asked Questions
What is the total investment amount secured by Maharashtra?
Maharashtra secured a total of $173 billion (Rs 14.5 lakh crore) in investment MoUs.
How many jobs are expected to be created from these MoUs?
The signed MoUs are projected to generate over 1.5 million jobs across various sectors.
What sectors are included in the investment agreements?
The investments span several key sectors including Infrastructure, Urban Development, Industry, and Services.
Who led the discussions with global companies?
Chief Minister Devendra Fadnavis led the discussions with various global corporations.
What is the significance of the 'single window' clearance system?
The 'single window' clearance system is designed to facilitate rapid implementation of projects and attract investors.
