Fadnavis Highlights ₹30 Lakh Crore Investment Deals at Davos, Promises Jobs and Urban Expansion

Maharashtra Chief Minister Devendra Fadnavis has used the global platform of the World Economic Forum (WEF) 2026 in Davos to showcase Maharashtra’s ambitious economic vision. His announcements underline why Davos is critical: it offers international visibility, credibility, and direct engagement with investors, innovators, and policymakers.

Key Highlights

• Mega Investments: Maharashtra signed MoUs worth ₹30 lakh crore, with potential to generate 40 lakh jobs across industries, services, and technology.
• Mumbai 3.0 Roadmap: A next-generation city spanning 675 sq km, nearly three times the size of present-day Mumbai, backed by airports, sea links, and multimodal transport.
• Innovation City: The Tata Group pledged $11 billion to build India’s first Innovation City near Mumbai airport, designed as a “plug-and-play” ecosystem for startups and R&D.
• FDI Dominance: Nearly 83% of investments are foreign direct inflows, reflecting global confidence in Maharashtra’s investment climate.
• Sustainability Push: Commitments to supply 52% of power from renewable energy, alongside a circular economy model for Mumbai.
• Credibility in Delivery: Fadnavis highlighted a 75% realization rate of last year’s MoUs, strengthening Maharashtra’s reputation as a reliable investment destination.

Why It Matters
For Fadnavis, Davos is not just about signing MoUs it is about future-proofing Maharashtra’s economy, building global partnerships, and ensuring sustainable urban expansion through projects like Mumbai 3.0 and Innovation City.

Sources: Economic Times, Moneycontrol, ANI, Fortune India