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AI city, massive jobs, and 15.70 lakh croreMaharashtra's Davos deal explained
Manufacturing Today
|February 2025
A major highlight of the investment announcements is the state's plan to develop an AI-driven "innovation city" in Navi Mumbai.
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Maharashtra has signed 54 Memorandums of Understanding (MoUs) worth 15.70 lakh crore at the World Economic Forum (WEF) in Davos, aiming to generate approximately 16 lakh jobs. The investment commitments span multiple sectors, including infrastructure, data centres, renewable energy, real estate, and artificial intelligence (AI). This marks a significant push for Maharashtra's ambition to position itself as India's leading investment hub.
Major investors and sectors attracting funds
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