Maharashtra signs MoUs worth ₹4.99 lakh crore at Davos, generating 92,235 jobs, including significant investments in various sectors.

The Government of Maharashtra will facilitate the investment by expediting clearances, offering fiscal incentives, and ensuring the availability of essential resources such as land, water, and power.

Billionaire Sajjan Jindal-led JSW Group said on Tuesday that it will invest 3 trillion rupees ($34.67 billion) in the Indian state of Maharashtra to expand the conglomerate's presence in electric vehicles,

The MoU was one of 20—and the largest—the state government signed on the sidelines of the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, with a total investment value of around ₹5,

JSW Group is set to invest Rs 3 lakh crore in Maharashtra, enhancing steel manufacturing with green technology, developing green energy projects, and setting up advanced units for electric vehicles and high-performance EV batteries.