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MMRDA inks 12 global pacts at Davos, secures Rs 9.52 lakh crore investment for Mumbai and its nearby regions
Updated On: 21 January, 2026 09:29 PM IST | | mid-day online correspondent
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.
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