
Davos, Switzerland, January 22, 2025 – The World Economic Forum (WEF) 2025 has turned into a landmark event for Maharashtra as the state secured unprecedented investment agreements worth ₹6.25 lakh crore in just two days. Led by Chief Minister Devendra Fadnavis, Maharashtra’s proactive engagement with global business leaders has cemented its reputation as a premier investment destination.
On Day 2, Maharashtra signed Memorandums of Understanding (MoUs) worth ₹4.99 lakh crore, expected to generate 92,235 jobs across key sectors. The most significant agreement, valued at ₹3 lakh crore, was inked with the JSW Group for investments in steel, renewable energy, infrastructure, lithium-ion batteries, and solar technologies.

The Chief Minister highlighted the state’s investor-friendly “Ease of Doing Business” environment, which has made Maharashtra a magnet for global investments. “Today is a historic day for Maharashtra. While it’s snowing outside in Davos, the investment flow inside has created a warm atmosphere,” Fadnavis remarked.

Pioneering Investments in Emerging Areas

The agreements also mark a groundbreaking first for the underdeveloped Gadchiroli district, where the Kalyani Group has committed ₹5,200 crore for defence, steel production, and electric vehicle manufacturing projects, creating 4,000 jobs.

Additionally, partnerships were signed with several prominent companies, including Tata Group, Reliance Infrastructure, Balasore Alloys Ltd., AB InBev, and Mastercard, spanning diverse industries like logistics, automobiles, IT, energy, and food processing.
The state also partnered with Friends Union for Energising Lives (FUEL) to train 5,000 youth in cutting-edge fields such as artificial intelligence, digital marketing, and business analytics. FUEL further announced plans to establish the FUEL SkillTech University in Pune.
Day 1 Highlights
On the first day of the WEF, Maharashtra achieved a record-breaking milestone, securing investment agreements worth ₹6.25 lakh crore. Among the notable deals, Tata Group committed ₹30,000 crore, further solidifying its long-standing ties with the state. The Chief Minister engaged with several global leaders, including MA Yusuf Ali of Lulu Group, Carlsberg CEO Jacob Arup Andersen, and Renew Power President Sumant Sinha, to expand Maharashtra’s focus on renewable energy, retail, and sustainable development.
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Global and National Impact
The WEF 2025 also witnessed significant global discussions. Ukrainian President Volodymyr Zelenskiy urged Europe to strengthen its role as a global guarantor of peace and security, while German Chancellor Olaf Scholz criticized Elon Musk for backing far-right political groups. Meanwhile, International Trade Union Confederation chief Luc Triangle denounced Donald Trump’s previous tenure, stating he is “not the president of workers.” With Maharashtra leading India’s charge at Davos, the state’s ambitious plans are set to drive transformative growth, attract global investors, and create employment opportunities, underscoring its pivotal role in India’s economic landscape.
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