Fadnavis Expects Record Investment MoUs for Maharashtra at WEF 2026

Maharashtra Chief Minister Devendra Fadnavis said the western Indian state is poised to secure a record number and value of Memorandums of Understanding (MoUs) at the World Economic Forum (WEF) Annual Meeting 2026 in Davos, signaling strong investor interest in sectors ranging from data centres and manufacturing to infrastructure and urban development. Fresh from a decisive civic election victory in Mumbai.

Fadnavis inaugurated the Maharashtra pavilion on the sidelines of the WEF, highlighting that last year the state had signed MoUs worth nearly ₹16 lakh crore (about USD 195 billion), and he anticipates surpassing that figure this year with even larger commitments from global partners. He noted that discussions with investors — both ongoing and planned — reflect a “very good response” from the global business community, with potential deals expected not only in traditional sectors but also in manufacturing, advanced data centre infrastructure, and core construction projects.

Fadnavis emphasized Maharashtra’s role as a gateway for Indian business to engage with international corporations, reinforcing the state’s credibility and readiness to implement large-scale projects.

He also pointed to the ambitious “Third Mumbai” development initiative — an expansive urban growth project — as a key attraction for foreign capital, buoyed by robust infrastructure like the Navi Mumbai international airport, Atal Setu, and other supporting transport networks that have shaped a “large urban agglomeration.” Analysts and investors watching WEF 2026 say the expected MoUs could involve significant commitments for data centre buildouts, manufacturing plants, logistics hubs and sustainable infrastructure, illustrating both investor confidence in Maharashtra’s business environment and the intensifying global focus on India’s growth potential.