{"id":15377,"date":"2023-01-19T17:50:00","date_gmt":"2023-01-19T17:50:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3991701_AE91701_0"},"modified":"2023-01-19T17:50:00","modified_gmt":"2023-01-19T17:50:00","slug":"maharashtra-cm-eknath-shinde-generates-17-billion-of-investment-at-wef","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=15377","title":{"rendered":"Maharashtra CM Eknath Shinde generates $17 billion of investment at WEF"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/en.prnasia.com\/prnasia.com-PC\/images\/logo-en-blue-in.png\" class=\"ff-og-image-inserted\"><\/div>\n<p><b>One of the largest investment commitments aims to generate over 101,389 jobs in the manufacturing, hi-tech, renewables and food processing sectors<\/b><\/p>\n<p><span class=\"xn-location\">DAVOS, Switzerland<\/span>, <span class=\"xn-chron\">Jan. 20, 2023<\/span> \/PRNewswire\/ &#8212; The Chief Minister of Maharashtra, Shri Eknath Shinde,&nbsp;concluded his World Economic Forum 2023 (WEF) meetings at Davos,&nbsp;on a successful note, paving the way for accelerated growth&nbsp;for Maharashtra and <span class=\"xn-location\">India<\/span>. &nbsp;<\/p>\n<p><span class=\"xn-person\">Shri Shinde&#8217;s<\/span> visit to <span class=\"xn-location\">Davos<\/span> was packed with back-to-back meetings with global business and political leaders, which resulted in the signing of 19 MOUs with globally and nationally renowned companies such as Berkshire Hathaway, ICP investments, New Era CleanTech, Gogoro India, Greenko Energy Projects, Mahindra Electric Vehicle&nbsp;Automobile&nbsp;and several more.<\/p>\n<p>Offering a vibrant economic climate, ease of doing business, robust infrastructure, and decisive leadership these&nbsp;investments are spread across Maharashtra and will lead to uniform economic growth across all the districts in the state. With the economy recovering rapidly from the slowdown caused by the Covid-19 pandemic, these investments will create over 100,000 jobs in hi-tech, manufacturing, agriculture and food processing, renewable &amp; clean energy and the infrastructure sectors.<\/p>\n<p>Maharashtra&#8217;s visit to <span class=\"xn-location\">Davos<\/span> proves that the state is the most preferred in <span class=\"xn-location\">India<\/span> for global investments; with the success at the WEF validating the government&#8217;s agenda, which was rolled out amid challenging times seven months ago.<\/p>\n<p><b>Concluding his visit, <span class=\"xn-person\">Shri Shinde<\/span> said<\/b>, &#8220;It was a highly productive visit, and I am extremely happy with the outcome of my meetings. With these global investments, across key growth sectors spread across the state, we have laid down the foundation for accelerated economic growth of Maharashtra and <span class=\"xn-location\">India<\/span>. The confidence shown by these global investors have once again reinforced Maharashtra&#8217;s unique position as the gateway to <span class=\"xn-location\">India<\/span>. I will continue to lead the state&#8217;s efforts for rapid economic growth in order to achieve our <span class=\"xn-money\">$1 trillion<\/span> GDP goal.&#8221;<\/p>\n<p><b>About Maharashtra:<\/b><\/p>\n<p>Maharashtra is one of the most industrialised states in <span class=\"xn-location\">India<\/span>, contributing 16% to the country&#8217;s industrial output and 15% to its GDP. The service sector contributes the most to the state&#8217;s economy, accounting for 62% of its GDP, while the manufacturing sector is the second-largest contributor to the state&#8217;s economy, accounting for 20% of its GDP. Major industries in Maharashtra include automobiles, engineering, textiles, pharmaceuticals, chemicals, petrochemicals, food processing and IT\/ITeS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the largest investment commitments aims to generate over 101,389 jobs in the manufacturing, hi-tech, renewables and food processing sectors DAVOS, Switzerland, Jan. 20, 2023 \/PRNewswire\/ &#8212; The Chief Minister of Maharashtra, Shri Eknath Shinde,&nbsp;concluded his World Economic Forum 2023 (WEF) meetings at Davos,&nbsp;on a successful note, paving the way for accelerated growth&nbsp;for Maharashtra [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-15377","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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