A Historic Day for Maharashtra – Deputy Chief Minister Eknath Shinde
MMRDA Signs MoUs Worth ₹4 Lakh Crore
Mumbai, April 8 : Today marks a historic day for Maharashtra. The Mumbai Metropolitan Region Development Authority (MMRDA) has signed India’s largest Memoranda of Understanding (MoUs) to date. A total of ₹4.07 lakh crore worth of MoUs were signed at a single event, as announced by Deputy Chief Minister Eknath Shinde.
He was speaking at the India Global Forum 2025, held at the Jio World Centre, where various MoUs were signed as part of the event.
Present at the occasion were Chief Minister Devendra Fadnavis, Chairman of HUDCO Sanjay Kulakshetra, Chairman of REC and PFC Parminder Chopra, Director of IRFC Sheli Verma, Managing Director of NaBFID Rajkiran Rai, CEO of Magnum Ice Cream Company Abhijit Bhattacharya, and Secretary of the Industries Department P. Anbalagan, among others.
Deputy CM Shinde shared that MMRDA has signed MoUs with prestigious companies such as REC Limited (a Maharatna under the Ministry of Power), Power Finance Corporation, Housing and Urban Development Corporation (HUDCO), Indian Railway Finance Corporation (IRFC), and the National Bank for Financing Infrastructure and Development (NaBFID). These collaborations with Mini-Ratna, Navratna, and Maharatna public sector enterprises add great significance to the development agenda. These MoUs are expected to accelerate infrastructure growth in the Mumbai Metropolitan Region (MMR).
Highlighting the state’s investment milestones, Shinde said that in the past three years, MoUs worth ₹20 lakh crore were signed at the World Economic Forum in Davos, which is a significant record. This year alone, MMRDA signed MoUs worth ₹3.5 lakh crore in Davos and has already begun executing them. These initiatives will drive the next phase of development in Mumbai and its surrounding regions.
Deputy CM Shinde also emphasized India’s growing role as a Global Capability Center (GCC) hub, stating that over 1,500 GCCs are currently operating in cities like Bengaluru, Hyderabad, Pune, and Gurugram. Global giants such as Google, Amazon, Goldman Sachs, and JP Morgan have established their GCCs in India. Today, a new GCC was inaugurated in Pune, opening doors for Indian youth to work with the world’s leading corporations.
He added that GCCs are enhancing India’s global capabilities, providing opportunities to millions of engineers, IT professionals, and skilled youth. This is enabling India to emerge as a global leader in Artificial Intelligence (AI), Robotics, and Data Analytics.
Shinde stated that the aim is to increase the GDP of the MMR region to $300 billion by 2030. To achieve this, an investment of $135 billion will be necessary, which is expected to create 28 to 30 lakh (2.8–3 million) new jobs. Over the last three years, Maharashtra has built a favorable ecosystem for investment. With world-class infrastructure, a skilled workforce, and strong governance, Maharashtra has become the preferred destination for both domestic and international investors.
The government is actively encouraging investment in sectors like electric mobility, logistics, semiconductor manufacturing, AI, health-tech, and ed-tech.
Deputy CM Shinde concluded by emphasizing that these initiatives are crucial for achieving India’s vision of a $5 trillion digital economy. The growth of GCCs and advancements in business and technology sectors are boosting India’s economic strength. He extended special thanks to Chief Minister Devendra Fadnavis and Prime Minister Narendra Modi for their guidance and support. Under their leadership, India is becoming a strong and dynamic economy. Maharashtra remains open and attractive for future investments, and through collective effort, success will be achieved in the times to come.
0000
No comments:
Post a Comment