New Delhi: Under the leadership of Chief Minister Devendra Fadnavis and Industries Minister Uday Samant, Maharashtra made a powerful start at the World Economic Forum in Davos, securing 19 investment MoUs collectively valued at about ₹14.5 lakh crore on the first day of engagements, officials said.
The cluster of deals spans high-priority areas including data centres, renewable energy, semiconductors and display manufacturing, and urban infrastructure development, positioning Maharashtra as a key hub for both domestic and global investors eyeing India’s growth story.
The largest single commitment — valued at roughly ₹6 lakh crore over the next decade — came from the Adani Group, which will invest in a suite of infrastructure projects including advanced data centres, clean energy capacity, and semiconductor and display fabrication units, according to state officials.
The state’s industries department coordinated the investment push, with senior leaders highlighting Maharashtra’s infrastructure readiness, policy stability and proactive investor facilitation mechanisms such as the single-window MAITRI platform as key differentiators that have helped attract significant capital commitments.
Projections from initial MoU valuations suggest potential employment creation on a large scale, with estimates exceeding 15 lakh jobs once projects become operational across sectors including food processing, green steel, electric vehicles, shipbuilding and digital infrastructure — signalling broad-based economic impact beyond headline figures.
Maharashtra’s strong debut at Davos comes amid a backdrop of previous investment success: the state has consistently led in foreign direct investment (FDI) inflows and is credited with an active MoU implementation track record, with about three-quarters of earlier commitments already progressing toward execution.
While global investment figures draw attention, state officials stressed that execution and follow-through will determine the ultimate impact on the ground. Fadnavis has repeatedly highlighted Maharashtra’s systematic approach to converting MoUs into real projects — a message that resonated with multinational corporations and sovereign investors at the summit.
As the WEF meetings continue through the week, Maharashtra is expected to pursue further dialogs and potential commitments in advanced technology, AI, renewable energy, mobility, logistics and digital sectors, reinforcing its ambition to emerge as a gateway for high-value investment within India’s $5-trillion-plus economy framework.