Latest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: 54 MoUs totalling Rs 15.70 lakh crore investment inked by Maharashtra at Davos – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > 54 MoUs totalling Rs 15.70 lakh crore investment inked by Maharashtra at Davos – World News Network
Business

54 MoUs totalling Rs 15.70 lakh crore investment inked by Maharashtra at Davos – World News Network

worldnewsnetwork
Last updated: January 22, 2025 12:00 am
worldnewsnetwork
Share
SHARE

Davos [Switzerland], January 22 (ANI): Maharashtra government, under the leadership of Chief Minister Devendra Fadnavis, has signed a total of 54 MoUs worth Rs 15.70 lakh crore as of Wednesday at Davos.
These investments are expected to create about 16 lakh jobs.
Among today’s MoUs, the largest investment deal is with Reliance Group, with an investment of Rs 305,000 crore in petrochemicals, polyester, renewable energy, bioenergy, green hydrogen, green chemicals, industrial sector development, retail, data centres, telecommunications, hospitality and real estate.
It is estimated that 3 lakh jobs will be created from this one contract with Reliance Group.
“History has been made at the World Economic Forum in Davos, Maharashtra under the leadership of Chief Minister Devendra Fadnavis has signed a total of 54 MoUs worth Rs 15.70 lakh crore till the second day today. This will create 15.95 lakh jobs. Among today’s MOUs, the largest investment deal is with Reliance Group, with an investment of Rs 3,05,000 crore in petrochemicals, polyester, renewable energy, bioenergy, green hydrogen, green chemicals, industrial sector development, retail, data centres, telecommunications, hospitality and real estate,” CM Fadnavis said.
Chief Minister Devendra Fadnavis’ dream is to make Maharashtra the first state with a USD 1 trillion economy, a statement from the CMO said.
In this regard, Anant Ambani of Reliance Group said that they were going to make this investment.
The second largest investment will be made by Amazon, which is Rs 71,795 crore, creating 83,100 jobs through this investment through data centers in Mumbai.
The MoU that was signed in the last 2 days, investments are being made in all parts of the state and the objective of balanced development will be achieved.
Out of these total contracts, Industries Department has awarded contracts worth Rs 11.71 crores, MMRDA has awarded contracts worth Rs 3.44 lakh crores and CIDCO has awarded contracts worth Rs 55,200 crores.
Meanwhile, Chief Minister Devendra Fadnavis met former British Prime Minister Tony Blair today.
The Annual Meeting 2025 of The World Economic Forum is taking place at Davos-Klosters from 20th to 24th January 2025. India Pavilion at the 55th World Economic Forum (WEF) annual conference 2025 in Davos, Switzerland, features eight states, each seeking investment opportunities from executives of companies worldwide. Kerala, Telangana, Uttar Pradesh, Andhra Pradesh, Maharashtra, Tamil Nadu, Karnataka, and West Bengal are the states which have established their presence at WEF, 2025.
Davos 2025 convenes under ‘Collaboration for the Intelligent Age.
More than 350 governmental leaders are expected to participate this year, including 60 heads of state and government. India has sent its largest-ever delegation to the World Economic Forum’s (WEF) Annual Meeting in Davos, comprising five union ministers and three state chief ministers. Nearly 100 CEOs and leaders from government, civil society, and the arts are also in attendance at the event. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Share This Article
Twitter Email Copy Link Print
Previous Article Basit Ali picks Pakistan’s opening pair for Champions Trophy, believes it won’t be “easy” tournament for defending champions – World News Network
Next Article “Anguished”: PM Modi expresses grief over “tragic” accident in Jalgaon – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Pick

Top Writers

Oponion

You Might Also Like

India’s auto sector least impacted by rare earth curbs as over 95% vehicles have IC engine; EVs, hybrids hit hardest: Report – World News Network

Electric vehicles (EVs), along with hybrid passenger vehicles and electric two-wheelers, are likely to face the most impact from China's…

3 Min Read

Royal Savoy Holidays Honored with Millennium Brilliance Awards 2025 – World News Network

New Delhi [India], June 17: In a remarkable recognition of excellence in luxury travel, Royal Savoy Holidays has been awarded…

4 Min Read

From Commerce to Creativity: Piyush Goyal, Jonathan Reynolds, AR Rahman to headline IGF London 2025 – World News Network

London [UK], June 17: India Global Forum's (IGF) flagship event in the United Kingdom, IGF London 2025, will open with…

5 Min Read

Crafting Bharat – S2 launches their sixth episode with Swapnil Shah of Freight Tiger – World News Network

New Delhi [India], June 17: India stands at a pivotal crossroads in its history, confidently embracing its role as a…

9 Min Read
Latest World News Update
Copyright © 2024 World News Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?