MoU Signed between MMDRA, Govt of Maharashtra & PRYM Solutions Private Limited (Salam kisan).

WEF Summit in Davos: The Maharashtra government has signed 54 MoUs for investment proposals worth a record Rs 15.7 lakh crore that will create around 15.95 lakh jobs in the state. These MoUs were inked in the presence of Chief Minister Devendra Fadnavis and senior bureaucrats on Tuesday (January 21) and Wednesday (January 22) at the sidelines of the World Economic Forum at Davos.

The Chief Minister’s office said that of the Rs 15.7 lakh crore worth of MoUs, the Department of Industries signed MoUs of Rs 11.71 lakh crore, the Mumbai Metropolitan Region Development Authority (MMRDA) Rs 3.44 lakh crore and the City and Industrial Development Corporation (CIDCO) Rs 55,200 crore.

“Over the past two days, MoUs have been signed with investments across all regions of the state, aiming for balanced development,” the Chief Minister said.

The largest investment among Wednesday’s MoUs was from the Reliance Group, which will invest Rs 3.05 lakh crore across sectors like petrochemicals, polyester, renewable energy, bioenergy, green hydrogen, green chemicals, industrial development, retail, data centres, telecommunications, hospitality, and real estate. This single agreement is expected to generate three lakh jobs.

Chief Minister Devendra Fadnavis mentioned that the agreement with Reliance, which includes significant investment in the service sector, will contribute significantly to job creation. Anant Ambani of Reliance Group stated that this investment is part of their vision to make Maharashtra the first state with a $1 trillion economy, a goal the government is committed to achieving under the leadership of Prime Minister Narendra Modi.