Maharashtra Secures ₹30 Lakh Crore Investment at Davos, Targets 40 Lakh Jobs

• CM Devendra Fadnavis announced Maharashtra signed ₹30 lakh crore investment MoUs at the World Economic Forum in Davos, with preliminary talks for an additional ₹10 lakh crore.
• The agreements aim to create 40 lakh jobs, with 83% involving direct foreign investment from 18 countries and 16% in foreign technology partnerships.
• Investments span industrial, services, agriculture, and technology sectors, with a 75% conversion rate of MoUs to actual projects.
• Major companies like SBG, Brookfield, ArcelorMittal, Tata, Adani, and Reliance are investing across various sectors including Quantum Computing, AI, Data Centers, and Green Steel.
• Maharashtra plans India's first Innovation City near Mumbai with Tata (over ₹1 lakh crore investment) and a circular economy in Mumbai to address water and air issues.

Why It Matters: Maharashtra secured massive investments at Davos, aiming for significant job creation and pioneering urban development projects.