Davos (Switzerland), January 21 (ANI): Chief Minister Devendra Fadnavis on Wednesday introduced that Maharashtra has signed Memorandums of Understanding with famend worldwide universities similar to MIT and Berkeley to discover new methods to enhance its expertise and methods. These particular partnerships will assist the state share skilled information and use trendy instruments to resolve native issues.
Regarding the shift in direction of skilled collaboration, Maharashtra CM Devendra Fadnavis mentioned, ‘MoUs are simply the byproduct of the interplay which we’re having right here. I’m very pleased that a number of funding is coming to Maharashtra, and it’s in numerous sectors, and all the businesses which are investing are bringing FDI to Maharashtra, which is essential. Today, we’re focusing extra on strategic MoUs. We have signed MoUs with the University of Berkeley, MIT, and lots of different establishments, by which we accomplice with them to share information, convey applied sciences, and implement processes.’
Meanwhile, Maharashtra secured funding commitments throughout a number of sectors, together with infrastructure and metal, on the opening day of the World Economic Forum 2026 in Davos.
Chief Minister Devendra Fadnavis presided over the trade of a number of Memoranda of Understanding (MoUs) between the Government of Maharashtra and numerous world entities to advertise industrial and concrete improvement. According to the Maharashtra Chief Minister’s Office on X, the state authorities signed agreements in sectors together with logistics, metal, and concrete infrastructure.
One of the commitments got here from the SBG Group, which signed an MoU with the Mumbai Metropolitan Region Development Authority (MMRDA) to speculate USD 20 billion within the logistics sector.This undertaking aimed to generate 4,50,000 jobs within the Mumbai and MMR area. Additionally, Alta Capital and Panchshil Realty dedicated 25 billion {dollars}, with a projected employment era of two,50,000. These agreements highlighted the state’s concentrate on the Mumbai Metropolitan Region as a vacation spot for capital and employment.
Ok Raheja Corp signed an settlement value 10 billion {dollars} to create 1,00,000 jobs, whereas Sumitomo Realty & Development and IISM Global every dedicated 8 billion {dollars}, promising 80,000 jobs every. In the manufacturing sector, BFN Forgings signed an settlement for 565 crore rupees within the metal sector, concentrating on the Palghar and MMR area to offer employment for 847 people.
The Maharashtra authorities additionally established partnerships for city transformation, exchanging MoUs with the Japan International Cooperation Agency (JICA) as a method and coverage accomplice and with Sembcorp Development Ltd from Singapore as a information accomplice for built-in industrial parks with low carbon emissions.
The Technical University of Munich agreed to collaborate on sustainable city transport methods, whereas the Urban Futures Collective from London labored on creating digital twin ecosystems for Mumbai to reinforce city livability and resilience.
Following a dialogue with Juvencio Maeztu, CEO and President of Ingka Group (IKEA Retail), Chief Minister Fadnavis mentioned on X, ‘It was good to find out about IKEA’s plans for India, and he thanked us for the assist by GoM for his or her enterprise in Maharashtra. Very pleased to listen to from him IKEA’s plans for large-scale funding and growth in Maharashtra.’The Minister additionally said that he held an engagement with Jeff Merritt, Head of Urban Transformation on the WEF, which included discussions, ‘on world industrial shifts and the function of sustainable innovation in future enterprise improvement.’ (ANI)