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Thursday, February 6, 2025

Maha signs 54 MoUs for investments worth Rs15.70 lakh crore in Davos

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Davos: Making history at the World Economic Forum in Davos, Maharashtra, under the leadership of Chief Minister Devendra Fadnavis, has signed a total of 54 MoUs worth Rs 15.70 lakh crore in investments till the second day, which will create 15.95 lakh jobs.

According to the official press statement issued in the wee hours today, among today’s MOUs, the largest investment deal is with Reliance Group, with an investment of Rs 3,05,000 crore in petrochemicals, polyester, renewable energy, bioenergy, green hydrogen, green chemicals, industrial sector development, retail, data centres, telecommunications, hospitality, and real estate. It is estimated that 3 lakh jobs will be created from this one contract.

Chief Minister Fadnavis said that a memorandum of understanding of 3,05,000 crores has been signed with Reliance Group, and since the majority of this investment will be in the service sector, about 3 lakh jobs will be created.

Chief Minister Fadnavis’ dream is to make Maharashtra the first state with a $1 trillion economy. In this regard, Anant Ambani of Reliance Group said that we are going to make this investment, the statement stated.

The second largest investment will be made by Amazon, which is Rs 71,795 crore. Approximately 83,100 jobs will be created through this investment through data centres in the MMR sector.

The MoU that was signed in the last 2 days is being made in all parts of the state, and the objective of balanced development will be achieved.

Out of these total contracts, Industries Department has awarded contracts worth 11.71 crores, MMRDA has awarded contracts worth 3.44 lakh crore, and CIDCO has awarded contracts worth 55,200 crores, the statement added.

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