MoUs worth over Rs 1 lakh cr signed with global investors, creating potential for 26,000 jobs across Maharashtra

Davos, January 17, 2024: Maharashtra Chief Minister, Eknath Shinde, embarked on his visit to the World Economic Forum (WEF) 2024, by signing Memorandums of Understanding (MoUs) with prominent global companies across sectors. 

On the first day of visit, Minister of Industries, Maharashtra, Uday Samant, signed MoUs with numerous leading global and Indian companies, including B C Jindal for a Display Fab unit, AB InBev, JSW Steel – EoI, Godrej Agrovet and Inox Air Products. These MoUs pertain to ESDM, F&B, renewables, IT/ITES and agriculture bringing in investments to the tune of One lakh Crore, generating substantial employment for the people across Maharashtra, informs a press release. 

Shinde’s visit began with the inauguration of the Maharashtra Pavilion, which underscored the economic and infrastructure capabilities of a future-ready Maharashtra backed by world-class developmental and sectoral policies. 

During his engagements, to foster bilateral collaborations and explore avenues for mutual economic development, Shinde met Oman’s Minister for Industries, HE Qais, Minister of Economy UAE, Abdulla bin Touq Al Marri and Kim Dong Yeon, the Governor of Gyoggi Province of South Korea. 

Shinde additionally held constructive discussions with senior delegates from the Presidency of Electricity, South Africa, H.E. Ramokgopa, and held talks with David Chrobok, Chairman of Witkowitz Atomica, focusing on Nuclear Green Energy.

Apart from Government dignitaries, Shinde also met with senior representatives from Schneider Electric, Manish Pant, and executives from Louis Dreyfus, including CEO Michael Gelchie and CSO Thomas Couteaudier to share insights on Maharashtra’s initiatives, and enhance international understanding of the state’s economic and developmental endeavours.

During WEF 2023, Maharashtra secured Rs 1.4 lac crore investment commitment, signing MOUs with global giants like Berkshire Hathaway and Greenko Energy Projects.