Maharashtra secures 54 MoUs worth ₹15.70 lakh crore at WEF Davos 2025

Maharashtra government has signed 54 MoUs worth 15.70 lakh crore rupees during the World Economic Forum (WEF) Annual Meeting 2025 in Davos. A statement from the Chief Minister’s Office (CMO) said that these agreements are expected to generate approximately 16 lakh jobs across various sectors. 

One of the key agreements involves MSN Holdings Ltd, which plans to establish an advanced lithium battery and cell manufacturing project under the state’s ‘Ultra Mega Project’ initiative. The project, requiring an investment of 14,652 crore rupees, aims to create 8,760 direct and indirect jobs, with a focus on development in the Vidarbha region. The largest MoU signed is with Reliance Group, which has committed 3.05 lakh crore rupees for investments across petrochemicals, polyester, renewable energy, bioenergy, green hydrogen, retail, telecommunications,



data centres, hospitality, and real estate. 

Maharashtra Chief Minister Devendra Fadnavis has emphasized the state’s goal of achieving a 1 trillion dollar economy. These investments are part of efforts to attract global capital and expand Maharashtra’s industrial base.

The WEF Annual Meeting 2025, being held from January 20-24 in Davos, Switzerland, is themed “Collaboration for the Intelligent Age.” India has a strong presence at this year’s forum, with eight states—Kerala, Telangana, Uttar Pradesh, Andhra Pradesh, Maharashtra, Tamil Nadu, Karnataka, and West Bengal—seeking investment opportunities. India’s delegation includes five union ministers, three state chief ministers, and nearly 100 CEOs alongside leaders from government, civil society, and the arts.