The Maharashtra Government achieved a groundbreaking feat by securing $173 billion in investment Memorandums of Understanding (MoUs) on the inaugural day of the World Economic Forum summit in Davos. This remarkable achievement nearly matches the total investment collection the state garnered during the entire 2025 Davos summit. The 19 MoUs inked are anticipated to create over 1.5 million jobs across diverse sectors in the state.
The investments are spread across various crucial departments and sectors. Notably, the Mumbai Metropolitan Region Development Authority (MMRDA) sealed MoUs valued at around INR 11 lakh crore (USD 137 billion) with global entities like Brookfield and Sumitomo in the Infrastructure & Urban Development sector. Additionally, the Industry, Investment and Services Department orchestrated deals amounting to INR 3.13 lakh crore (USD 38 billion).
Strategic partnerships were also a focal point, with MMRDA forging a strategic alliance with the Japan International Cooperation Agency (JICA) and multiple international universities to propel Mumbai towards becoming a future-ready global city. Among the significant MoUs signed were those with SBG Group for investments worth Rs 3.2 lakh crore (USD 44 Bn), Arcelor Mittal Rs 1.1 lakh crore (USD 12 BN), Lodha Group Rs 1 lakh crore (USD 12 Bn), Skoda Auto Volkswagen Rs 12,000 crore (USD 1.44 Bn), and Surjagad Ispat Rs 20,000 crore.
Chief Minister Devendra Fadnavis spearheaded high-level discussions with global titans such as Coca-Cola and Antora Energy to deliberate on expanding operations and fortifying supply chains. The state emphasized its “single window” clearance system and the MAITRI investment cell as pivotal drivers for swift implementation, as per the official release.
Officials highlighted that 75% of the MoUs signed in January 2025 have already advanced to the implementation phase, underscoring international investors’ confidence in the region’s infrastructure readiness. Following the resounding success on Day 1, the Maharashtra delegation is committed to sustaining the momentum throughout the summit week. Future deliberations are anticipated to center on AI, Quantum Computing, Fintech, and Green Energy as the state continues engaging with global leaders.
