Overview
- Chief Minister Devendra Fadnavis set a new goal for Maharashtra to reach a trillion-dollar state economy by 2030 during meetings at the World Economic Forum in Davos.
- Fadnavis said the state drew 39% of India’s FDI last year and signed Rs16 lakh crore in MoUs, supported by a dedicated tracking system to move proposals into execution.
- The government reported a 50–55% overall MoU conversion rate, rising to 75–80% for Davos-linked agreements, which officials contrasted with lower national averages.
- The Maharashtra Pavilion was inaugurated by Fadnavis and Industry Minister Uday Samant to court global investors, with talks in Davos set to be advanced in India for implementation.
- Plans showcased included integrated clusters near Navi Mumbai International Airport projected to create about 3.5 million jobs, expansion of data-centre capacity using green power, and a first phase of Vadhavan Port targeted within three years.