– Chief Minister Devendra Fadnavis Meets Several Companies, Invites Investments in Maharashtra; Tata Group to Invest ₹30,000 Crore
Davos :- On the first day of the World Economic Forum in Davos, Maharashtra, under the leadership of Chief Minister Devendra Fadnavis, signed investment agreements worth ₹6,25,457 crore. This marks a new record for securing such a significant investment amount in a single day. Similarly, several investment agreements are expected on the second day as well.
Chief Minister Devendra Fadnavis met with key executives of several companies and invited them to invest in Maharashtra. Among these, Tata Group Chairman N. Chandrasekaran held discussions with Fadnavis, during which it was confirmed that Tata Group would invest ₹30,000 crore in the state.
Fadnavis also met Carlsberg Group CEO Jacob Aarup-Andersen, who expressed interest in investing in Maharashtra. The Chief Minister assured him of full cooperation for the group’s plans.
Additionally, M.A. Yusuff Ali, Managing Director of the Lulu Group, conveyed interest in investing in Nagpur and expanding operations in Maharashtra.
Fadnavis held discussions with ReNew Power Chairman and CEO Sumant Sinha about a 15,000 MW pipeline and wind energy projects in Beed district.
Schneider Electric India’s Managing Director and CEO Deepak Sharma also met the Chief Minister. Discussions included the use of AI in the energy sector and strengthening ITIs in the state with assistance from the World Bank. Expansion plans in Ahilyanagar and Nashik were also hinted at.
Mastercard APAC President Ling Hai held talks with Fadnavis, while Louis Dreyfus Company CEO Michael Gelchie discussed opportunities in agriculture, food processing, international shipping, and financial sectors. Emphasis was placed on enhancing collaboration in agriculture.
Fadnavis also met Cognizant CEO Ravi Kumar S. and discussed potential investments and opportunities.
The series of meetings highlighted Maharashtra’s focus on attracting substantial global investments and fostering economic development.