BJP CM Devendra Fadnavis
India
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CNBC TV1820-01-2026, 08:32

Maharashtra Secures $50 Billion Investments at WEF Davos, CM Fadnavis Hails Success

  • Maharashtra signed MoUs worth over $50 billion at the World Economic Forum (WEF) in Davos, attracting significant investments.
  • Chief Minister Devendra Fadnavis presided over agreements with companies like Sumitomo Realty & Development ($8 billion), K Raheja Corp ($10 billion), and Alta Capital with Panchshil Realty ($25 billion).
  • These investments are projected to create hundreds of thousands of jobs, with Alta Capital and Panchshil Realty alone potentially generating 250,000 positions.
  • Strategic partnerships were formed with JICA, Sembcorp Development, Technical University of Munich, and Urban Futures Collective for sustainable development and urban planning.
  • The investment success follows BJP's recent sweeping victory in Maharashtra municipal corporation elections, which Fadnavis attributed to the Mahayuti alliance.

Why It Matters: Maharashtra secured over $50 billion in investments at WEF Davos, promising jobs and sustainable development.

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