Maharashtra to build $11 billion Innovation City near Navi Mumbai Airport with Tata investment

• Maharashtra Chief Minister Devendra Fadnavis announced plans for an Innovation City near Navi Mumbai Airport.
• The Tata Group is expected to invest approximately $11 billion in the project's development.
• The announcement was made during the World Economic Forum Summit 2026 in Davos, Switzerland.
• The Innovation City will feature a large data centre and aims to attract global innovation ecosystems to Mumbai.
• It will focus on emerging sectors like AI, semiconductors, and Global Capability Centres, positioning Maharashtra as a global innovation hub.

Why It Matters: Maharashtra is set to develop a major Innovation City near Navi Mumbai Airport with a significant Tata investment.