Chief Minister Devendra Fadnavis stated at the World Economic Forum that foreign investors are beginning to recognise India, particularly Maharashtra, as a major investment location with substantial prospects.
He underlined that international funds have a great deal of faith in India’s development and mentioned that investments come from a variety of industries, with ongoing talks with foreign businesses.
According to reports, Maharashtra has a higher conversion rate of Memorandums of Understanding into actual projects—between 55 and 60%, with MoUs signed in Davos topping 70%.
By emphasising its industrial and innovative strengths in its recently opened pavilion at Davos, the state hopes to draw in more foreign investment.
