Maharashtra Govt signs MoUs worth Rs 30,000 cr with 23 companies in WEF

At the ongoing World Economic Forum in Davos, the Maharashtra Government has signed MOUs worth 30 thousand crore rupees with 23 companies from different parts of the world. This was informed by Maharashtra Industries Minister Subhash Desai in a press statement issued yesterday. Desai and other ministers from Maharashtra Cabinet including Energy Minister Dr. Nitin Raut and Environment Minister Aaditya Thackeray are in Davos to attract investment opportunities.

Mr. Desai said, with the inking of these MOUs 66 thousand people in the state will get employment. He



said, in the deals that were signed yesterday, more than 55 percent of investment would come from Singapore, Indonesia, USA, and Japan.

Some of the prominent sectors where the investment would be done are manufacturing of medicines, textile, engineering, packaging, food processing, steel, information technology, logistics, etc.

The state Industries Minister said, one of the world’s biggest IT companies, Microsoft will set up its Data Centre in Pune with an investment of 3,200 crore rupees.