Maharashtra signs investment MoUs worth Rs 3.53 trillion at Davos

Maharashtra Chief Minister Eknath Shinde on Friday said he is resolute in leading the state to its ambitious target of becoming a USD 1 trillion economy as the state government secured investment MoUs worth Rs 3.53 lakh crore (USD 44 billion) this week at the World Economic Forum Annual Meeting.

The state also received an expression of interest for an additional Rs 1 lakh crore investment, taking the total to Rs 4.5 lakh crore (nearly USD 57 billion) with a potential to create about two lakh jobs across sectors, including electronics, IT, data centres, gems and jewellery, agriculture, automobile and renewable energy, an official statement said.