Maharashtra records USD 173 billion investment MoUs on Day 1 at Davos 2026

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Davos, Switzerland: Maharashtra opened its participation at the World Economic Forum (WEF) Annual Meeting 2026 with investment commitments worth approximately USD 173 billion (₹14.5 lakh crore) on the first day, nearly matching the total investments secured during the entire Davos 2025 summit.

According to official information, the state signed 19 memorandums of understanding (MoUs) on Day 1, with a projected employment potential of over 15 lakh jobs across key sectors such as infrastructure, manufacturing, renewable energy, digital services, food processing and automobiles. The scale of commitments underlined continued global investor interest in Maharashtra’s markets, infrastructure and industrial ecosystem.

The state formally began its Davos engagement with the inauguration of the Maharashtra Pavilion at the WEF Annual Meeting 2026. The pavilion is being used as a platform for high-level interactions between the state government and global corporations to discuss expansion plans, new manufacturing capacities and long-term investments in Maharashtra.

Chief Minister Devendra Fadnavis held a series of business-to-government meetings with multinational companies operating in sectors including consumer goods, energy, logistics, urban development and digital infrastructure. He was accompanied by Industries Minister Uday Samant and senior officials from the Chief Minister’s Office and key state departments.

The Industry, Investment and Services Department coordinated investment proposals worth about ₹3.13 lakh crore, with an estimated employment potential of over 4.4 lakh jobs. These proposals span sectors such as renewable energy, electric vehicles, green steel, shipbuilding and digital infrastructure. Officials said the state’s single-window clearance mechanism and investment facilitation system would support time-bound execution of these projects.

Several large investment announcements were also reported on Day 1, including new and expanded projects in data centres, sustainable steel manufacturing, renewable energy and automotive manufacturing. Urban infrastructure emerged as a major focus area, with the Mumbai Metropolitan Region Development Authority (MMRDA) signing MoUs worth around ₹11 lakh crore with international infrastructure firms for transport, urban development and city modernisation projects.

State officials noted that a significant portion of investment commitments signed during Davos 2025 have already moved into the implementation phase, strengthening investor confidence during the current summit.

With several days of meetings still scheduled, Maharashtra is expected to hold further discussions in areas such as artificial intelligence, digital infrastructure, clean energy, logistics and advanced manufacturing as the WEF Annual Meeting continues.

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