World Economic Forum, Davos: Maharashtra bags investment worth Rs 3.53 lakh cr, says CM

While on the first day of WEF, Maharashtra signed MoUs worth Rs 1.02 lakh crore  with six industries that create 26,000 job opportunities, on January 17, the state signed MoUs worth Rs 2.88 lakh crore with eight industries that will create 1.51 lakh jobs.

The CM said that MoUs worth Rs 42,825 crore would be signed with six industries on Thursday that will generate 13,000 jobs in Maharashtra.

On the second day of his Davos visit, Shinde met the heads of various industry groups, including Gautam Adani, founder and chairman of Adani Group, at the Maharashtra pavilion and had a detailed discussion on the infrastructure sector in Maharashtra and investment opportunities.

Shinde also met senior industrialist Lakshmi Mittal and discussed future investment cooperation. The CM also met Chief Policy Officer Thomas Coutaudier and Chief Financial Officer Patrick Treuer of Louis Dreyfus, a French trading company.

Addressing the people of the Maharashtra through social media, Shinde said that the state’s focus is to speed up the actual implementation of these MoUs, not just on paper.

Stating that this year, more investment MoUs are being signed than last year’s agreements in Davos, the Chief Minister said that the image of Maharashtra as a people-oriented state with industrialization, skilled manpower and quick decision-making has been realised in the WEF.

MEMORANDUMS SIGNED

January 16

Inox Air Products — Rs 25,000 crore (5,000 jobs)

BC Jindal — Rs 41,000 crore (5,000 jobs)

JSW Steel — Rs 25,000 crore (15,000 jobs)

AB in Bev — Rs 600 crore (150 jobs)

Godrej Agrovet — Rs 1,000 crore (650 jobs)

US based data company — Rs 10,000 crore (200 jobs)

January 17

Adani Group — Rs 50,000 crore (500 jobs)

Swiss Indian Chamber of Commerce — Rs 1,158 crore (500 jobs)

Indian Jewelry Park — Rs 50,000 crore (1 lakh jobs)

Web Works — Rs 5 crore (100 jobs)

Indospace in logistics, ESR , KSH, Pragati — Rs 3,500 crore (15,000 jobs)

Conglomerate company in natural resources — Rs 20,000 crore (4,000 jobs)

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) — Rs 56,000 crore for green power projects

US-based company Predictions — Rs 4,000 crore

Europe’s Hero Future Energy — Rs 8,000 crore

Germany’s Green Energy — Rs 3,000 crore

VHM of Oman — Rs 4,000 crore

MoUs to be signed on January 18

Surjagad Steel — Rs 1,000 crore (5000 jobs)

Kalika Steel — Rs 900 crore (800 jobs)

Million Steel — Rs 250 crore (300 jobs)

Hyundai Motors — Rs 7,000 crore (4,000 jobs)

ALU Tech of Qatar — Rs 2,075 crore (400 jobs)

CTRLs (ctrs) — Rs 8,600 crore (2,500 jobs)