Davos buzzed with promise for Maharashtra as Chief Minister Devendra Fadanvis spearheaded the execution of high-value MoUs totaling thousands of crores during the annual WEF summit. Representing the state government and MMRDA, these collaborations with top-tier domestic and international firms target diverse industries essential for long-term growth.
Investments are earmarked for real estate, logistics hubs, steel manufacturing, green energy, IT services, data infrastructure, urban mobility solutions, and eco-friendly industrial parks. Fadanvis’s strategic meetings amplified the impact, fostering direct dialogues with global influencers.
Discussions with WEF’s Jeff Merritt explored transformative urban trends and sustainable innovations driving industrial evolution. The IKEA chief, Juvencio Mauez, shared expansion visions, receiving Fadanvis’s appreciation for leveraging national facilitations in Maharashtra.
Highlighting specifics: Mumbai’s logistics sector bags $20 billion; steel gets Rs 20,000 crore boost in Gadchiroli-Vidarbha and Rs 565 crore in Palghar via BFN Forgings; renewable energy sees Rs 4,000 crore from Yoki Green; while Lodha Developers commits Rs 1 lakh crore to Mumbai’s IT-data center ecosystem.
An upbeat exchange with Coca-Cola’s Michael Goltzman covered plant expansions in Jamner-like locales, Maharashtra’s GCC incentives, superior agri-produce, and collaborative prospects. This Davos haul positions Maharashtra at the forefront of India’s economic resurgence, blending innovation with sustainability for inclusive prosperity.