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CM Fadnavis at DAVOS : CM Fadnavis Secures Record-Breaking Investment Deals at Davos

NewsDesk by NewsDesk
January 22, 2025
in Politics, Top News
0
Davos WEF 2025 : CM Fadnavis Secures Record-Breaking Investment Deals at Davos

CM Fadnavis at DAVOS

CM Fadnavis at DAVOS : In a landmark achievement at the World Economic Forum (WEF) in Davos, Maharashtra Chief Minister Devendra Fadnavis secured investment agreements worth ₹625,457 crore on the first day alone, setting a new record for single-day investment commitments. The momentum is expected to continue with more significant deals anticipated on the second day.

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Chief Minister Fadnavis held several crucial meetings with industry leaders, extending invitations for investments in Maharashtra. In a notable discussion with Tata Group Chairman N. Chandrasekaran, the conglomerate committed to investing ₹30,000 crore in the state.

During his meeting with Carlsberg Group CEO Jacob Aarup-Andersen, the company expressed keen interest in investing in Maharashtra, with the Chief Minister assuring complete government support for their ventures.

The retail sector saw potential expansion as Lulu Group Managing Director MA Yusuff Ali expressed interest in establishing operations in Nagpur, with plans for further expansion across Maharashtra.

Renew Power’s Chairman and CEO Sumant Sinha discussed the development of a 15,000-megawatt pipeline and wind energy project in the Beed district, strengthening the state’s renewable energy sector.

Schneider Electric India’s Managing Director and CEO Deepak Sharma outlined plans for expanding operations in Ahilyanagar and Nashik. The discussion included collaboration on ITI empowerment programs with World Bank assistance and implementing AI solutions in the energy sector.

The Chief Minister also held productive meetings with executives from Mastercard, APAC Chairman Ling Hai, Louis Dreyfus CEO Michael Glen, and Cognizant CEO Ravikumar S, focusing on various industrial development opportunities in the state. (CM Fadnavis at DAVOS)

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