Maharashtra is India’s Gateway for Foreign Investment: CM Devendra Fadnavis

Zurich, Switzerland: “Maharashtra is reliable. We deliver what we promise. That is why global investors trust Maharashtra,” said Chief Minister Devendra Fadnavis. He added that Prime Minister Narendra Modi has created a strong ecosystem for ‘Viksit Bharat’, which will help Maharashtra attract massive investments this year as well. “Maharashtra is the gateway for foreign investment into India. We have healthy competition with other states, which ultimately benefits the country. But Maharashtra continues to lead,” he said.

The Chief Minister, along with Industries Minister Dr Uday Samant and a high-level delegation, has arrived in Davos for the World Economic Forum (WEF) annual summit. He interacted with the media at the Maharashtra Pavilion. Fadnavis said investments will be brought across all regions of the state, with focus on 10–12 diverse sectors. “The third Mumbai is emerging and is attracting major investments. We have a strong investment menu to offer,” he said.

The WEF annual meeting acts as a global marketplace for investors. Maharashtra showcases its strengths every year. The Chief Minister expressed confidence that this year will attract higher investments than last year. Maharashtra has successfully converted around 60–65 MoUs into real projects. He urged entrepreneurs from Maharashtra to make full use of this global platform.

CM Fadnavis said Maharashtra has maintained over 10% growth for a decade and aims to become India’s first trillion-dollar economy by 2030. Despite global geopolitical challenges, India remains a “bright spot” in the global economy, and Maharashtra continues to outperform in growth and investment inflows. Last year, 39% of total FDI into India came to Maharashtra. The state has introduced 15–16 investor-friendly policies, creating a strong ecosystem for businesses. MSMEs play a major role in job creation. Both central and state governments are supporting the sector, he said.

Maharashtra signed MoUs worth ₹16 lakh crore last year. While India’s average conversion rate is 25–30%, Maharashtra has achieved 50–55%, and Davos MoUs show a conversion rate of 75–80%. Maharashtra leads in AI and frontier technologies. The state holds 60% of India’s data centre capacity and is emerging as the “Data Centre Capital”. Mega projects near Navi Mumbai airport including Edu City, Innovation City and Medi City will generate nearly 3.5 million high-paying jobs. Vadhavan Port will be among the world’s top 10 ports and three times larger than JNPT. It will handle the world’s largest ships and boost India’s logistics sector for decades. The state follows a zero-tolerance policy on law and order. “Investment in Maharashtra is safe, reliable and future-ready,” the CM concluded.