Maharashtra CM to sign MoUs worth Rs 1.4 trn at Davos, eyes 66.5k new jobs

Seeking to present Maharashtra as a key investment destination, state chief minister Eknath Shinde plans to sign MoUs worth Rs 1.4 lakh crore (USD 17 billion) here on the sidelines of the World Economic Forum Annual Meeting.

As many as 21 Memorandums of Understanding (MoUs) are being lined up to be signed with leading foreign investors and global companies during Shinde’s two-day visit beginning Monday, officials said.

The investments are estimated to create more than 66,500 jobs over the next few years and are aimed at jumpstarting Maharashtra on its ambitious USD 1-trillion economy goal journey, they added.