The Mumbai‑based Lodha Group has signed a landmark ₹1 lakh crore MoU with the Maharashtra government at the World Economic Forum in Davos. The investment will power a massive 2.5 GW green data centre park in the Mumbai Metropolitan Region, promising job creation, digital infrastructure growth, and a major boost to the state’s tech ambitions.
Maharashtra has taken a decisive step toward strengthening its digital infrastructure with a high‑value agreement signed at the World Economic Forum 2026 in Davos. The Lodha Group, one of India’s largest real estate developers, inked a ₹1 lakh crore Memorandum of Understanding with the state government to develop a 2.5‑gigawatt green integrated data centre park in the Mumbai Metropolitan Region (MMR).
The project, aligned with the state’s Green Integrated Data Centre Park Policy, is expected to generate over 16,000 jobs and position Maharashtra as a leading data‑centre hub in India. Chief Minister Devendra Fadnavis and Lodha Group CEO Abhishek Lodha were present during the signing, which has also sparked political debate over MoUs being signed abroad rather than domestically.
This investment builds on Lodha’s earlier ₹30,000 crore commitment, taking the total planned outlay to ₹1.3 lakh crore, marking one of India’s largest digital infrastructure pushes to date.
Key Highlights / Major Takeaways
₹1 lakh crore MoU signed at Davos between Maharashtra govt and Lodha Group
2.5 GW green data centre park planned in the Mumbai Metropolitan Region
Job creation: Over 16,000 direct and indirect jobs expected
Total investment rises to ₹1.3 lakh crore, including earlier commitments
Political criticism emerges over signing MoUs with Indian firms abroad
Conclusion
The Lodha–Maharashtra partnership marks a transformative moment for India’s digital infrastructure roadmap. With massive investment, job creation, and global‑scale ambitions, the project positions Maharashtra as a future‑ready digital powerhouse.
Sources: Business Standard, Bombay Samachar, Free Press Journal, Financial Express, TheNews21, Deccan Herald