Maharashtra Sets Record with ₹3.53 Lakh Crore MoU Signing in Davos
| 1 Lakh Crore Investors Interested in Investment
| Anticipated Creation of 2 Lakh Jobs Following Maharashtra’s Mega Investment
| Chief Minister Eknath Shinde Expresses Gratitude to Investors for Trust in Maharashtra*
| Massive Investments Envisaged in Steel, IT, Green Energy, Agriculture, Logistics, and Electronics Sectors
Mumbai | Chief Minister Eknath Shinde proudly announced today that Maharashtra has successfully inked MoUs worth ₹3,10,850 crores in the ongoing World Economic Conference in Davos, Switzerland, with additional agreements worth ₹42,825 crores scheduled for tomorrow. This achievement marks a record-breaking MoU total of ₹3,53,675 crores.Expressing gratitude, Chief Minister Shinde thanked the investors, noting the increased confidence of global industries with a substantial ₹1 lakh crore interest in investment. These agreements are poised to create a significant employment surge of 2 lakhs in the state.
Highlighting the focus on tangible implementation, Chief Minister Shinde emphasized the acceleration of growth compared to last year. He underlined that the state’s image has been spotlighted as people-oriented with a strong emphasis on industrialization, skilled manpower, and quick decision-making.
The first day of the Davos conference saw investment agreements totaling ₹1,02,000 crores with six industries, creating 26,000 jobs. On January 17, agreements worth ₹2,08,850 crores were signed with eight industries, projecting 1,51,900 job opportunities. The Chief Minister disclosed that contracts worth ₹42,825 crores will be signed with six industries on January 18, leading to an additional 13,000 jobs.
Details of investments and employment opportunities in industries with signed agreements are as follows:
*January 16:*
– Inox Air Products: ₹25,000 crores (5,000 jobs)
– BC Jindal: ₹41,000 crores (5,000 jobs)
– JSW Steel: ₹25,000 crores (15,000 jobs)
– AB in Bev: ₹600 crores (150 jobs)
– Godrej Agrovet: ₹1,000 crores (650 jobs)
– US-based data company: ₹10,000 crores (200 jobs)
*January 17:*
– Adani Group: ₹50,000 crores (500 jobs)
– Swiss Indian Chamber of Commerce: ₹1,158 crores (500 jobs)
– Indian Jewelry Park: ₹50,000 crores (1 lakh jobs)
– Web Works: ₹5,000 crores (100 jobs)
– Indospace in logistics (ESR, KSH, Pragati): ₹3,500 crores (15,000 jobs)
– Conglomerate company in natural resources: ₹20,000 crores (4,000 jobs)
The following MoUs will be signed on January 18 –
Surjagad Ispat 10 thousand crores (5 thousand jobs), Kalika Steel 900 crores (800 jobs), Million Steel 250 crores (300 jobs), Hyundai Motors 7 thousand crores (4 thousand jobs), ALU Tech of Qatar Including 2075 crores (400 jobs), CTRLS 8600 crores (2500 jobs)
Chief Minister Shinde also highlighted the interest of ₹1 lakh crore from various industries, including Arcelor Nippon Mittal and companies from Saudi Arabia and Oman.
*Successful Industry Discussions in Davos*
Today, Chief Minister Eknath Shinde engaged in fruitful discussions with various industry groups at the Maharashtra Hall in Davos. Gautam Adani, Founder and Chairman of the Adani Group, also met Chief Minister Eknath Shinde, where they delved into a detailed conversation about the infrastructure sector in Maharashtra and potential investment opportunities.
Furthermore, a meeting was convened with senior industrialist Lakshmi Mittal to explore future investment cooperation. Simultaneously, discussions were held with Linkstein’s prince regarding industrial investments.
Chief Minister Eknath Shinde also met with the Chief Policy Officer, Thomas Coutaudier, and Chief Financial Officer, Patrick Treuer, of Louis Dreyfus, a French trading company. The focus of their discussions centered on industrial expansion in Maharashtra.
In a significant meeting, South Korea’s Gyogni Province Governor Kim Dong Yeon emphasized the importance of building a robust foundation in Maharashtra. The discussion highlighted the synergy between South Korea’s expertise in manufacturing and technology and India’s strength in skilled manpower.
David Krobok, Chairman of Witkowitz Atomica Company based in the Czech Republic, met with the Chief Minister to explore investment opportunities in the field of small modular nuclear reactor technology. Industries Minister Uday Samant was also present alongside the Chief Minister during these discussions.
