At the Annual Meeting of the World Economic Forum, Maharashtra took part2022 at Davos Switzerland, and signed 23 MoUs with various companies. The investments include diverse sectors such as pharmaceuticals and medical devices, IT, data centers, textiles, food processing, packaging, paper and pulp, steel, etc.

In the 10th edition of its Magnetic Maharashtra 2.0 program, over 55% of investments are foreign direct investments from countries including Singapore, Indonesia, the USA, and Japan.

A total of $ 4 billion ( ₹30,379 crores) in investments were signed at the MoU ceremony held in the Maharashtra Pavilion at Davos.

These investments will potentially generate more than 66,000 jobs. The Magnetic Maharashtra 2.0 program was conceptualized under the Chief Minister, Uddhav Thackeray for strengthening the resilience of the state’s economy.

 

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