CM Fadnavis said the Davos partnerships reflect growing global confidence in Maharashtra’s ability to deliver large-scale metropolitan development. “Through MMRDA’s integrated approach, we are ensuring region-wide growth, job creation and inclusive development across the MMR,” he stated
CM Devendra Fadnavis said the Davos partnerships show global confidence in Maharashtra. PIC/ MMRDA
On the second day of the World Economic Forum (WEF) Annual Meeting 2026, the Mumbai Metropolitan Region Development Authority (MMRDA) signed 12 strategic global partnerships, securing long-term investment commitments worth nearly USD 104.65 billion (Rs 9.52 lakh crore) and generating an estimated 9.5 lakh jobs across the Mumbai Metropolitan Region (MMR).
The agreements were formalised in the presence of Maharashtra Chief Minister (CM) Devendra Fadnavis, Deputy Chief Minister Eknath Shinde, and MMRDA Metropolitan Commissioner Dr Sanjay Mukherjee, positioning Mumbai as a global hub for co-creation across infrastructure, technology, healthcare, climate resilience, and urban governance.
Unlike conventional investment announcements, the partnerships focus on long-term collaboration and execution, spanning fintech, logistics, manufacturing, healthcare, artificial intelligence, data infrastructure, climate-resilient planning, and metropolitan governance.
Fadnavis said the Davos partnerships reflect growing global confidence in Maharashtra’s ability to deliver large-scale metropolitan development.
“Through MMRDA’s integrated approach, we are ensuring region-wide growth, job creation and inclusive development across the MMR,” he said.
The Deputy CM said the collaborations would translate into visible on-ground transformation.
“These partnerships will unlock investment, create employment and strengthen livelihoods across the region,” he said.
Dr Mukherjee stated that the agreements signal deep institutional trust.
“Global leaders are partnering with MMRDA not just as investors, but as long-term collaborators to convert capital into resilient infrastructure and global expertise into inclusive growth,” he said.
Key MoUs
Brookfield (USD 30 billion) for logistics, industrial parks and a fintech hub
RMZ Corporation (USD 25 billion) for global business districts and data centres
Indo-Italian Chamber of Commerce (USD 15 billion) for infrastructure and manufacturing
Jupiter Wellness for a global Medi City
Shree Naman–Tillman for hyperscale data parks
Raigad Pen Growth Centre (USD 4.65 billion) with multiple global partners
Knowledge partnerships with The Alan Turing Institute, TU Delft, IIT Bombay, Norwegian Geotechnical Institute, Surbana Jurong, Arup, and EDGE Community
MMRDA will lead land identification, trunk infrastructure, statutory clearances and inter-agency coordination, while global partners will bring capital, technology and operational expertise.
Officials said the agreements reinforce the MMR’s ambition to emerge as a USD 300-billion economy by 2030, while positioning Mumbai as a global laboratory for next-generation urban solutions.
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