On Tuesday, the Maharashtra government announced that its delegation’s visit to the World Economic Forum annual conference in Davos, Switzerland, was a success.
With 24 corporations and two memorandums of understanding or MoUs of strategic cooperation, the state signed over 80,000 crores in investment aspirations.
Sumant Sinha, Chairman and Managing Director of ReNew Power, inked an MoU with the Maharashtra government to spend a whopping 50,000 crore in renewable energy generation in the state, with a producing capacity of 10,000 to 12,000 megawatts.
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Pharmaceuticals and medical devices, IT, data centers, textiles, food processing, packaging, paper and pulp, and steel are among the industries that have attracted investment from Singapore, Indonesia, the United States, and Japan.
The state government also signed an agreement with Byju to introduce digital content in the state’s distant districts and municipal schools in Mumbai, which will benefit thousands of pupils.
A strategic cooperation agreement was also inked with the World Green Building Council to share information and assist the state in achieving its net-zero emission goals and strengthen state authorities’ capability in Environmental Sustainability Governance.
