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Maharashtra Unveils Raigad–Pen Growth Centre at Davos as Indian States Court AI and Green‑Tech Investment

Leaders emphasize moving from pledges to on‑ground execution through knowledge partnerships.

Overview

  • Maharashtra reported 19 MoUs worth Rs 14.5 lakh crore on Day 1 at Davos, with officials projecting more than 15 lakh jobs across sectors from digital infrastructure to renewable energy.
  • On Day 2, the state announced the Raigad–Pen Growth Centre as the first city in its ‘Third Mumbai’ plan near the upcoming Navi Mumbai airport, with about Rs 1 lakh crore in related MoUs.
  • Maharashtra signed strategic and knowledge tie‑ups with institutions including JICA, the Technical University of Munich and global urban planning groups to support transport, industrial parks and digital twin work.
  • Andhra Pradesh Chief Minister N. Chandrababu Naidu met Google Cloud CEO Thomas Kurian and urged faster execution of the $15 billion Vizag AI data centre with AdaniConneX and Airtel, as the state also sealed a $10 billion infrastructure partnership with RMZ Group.
  • Telangana highlighted Life Sciences Policy 2.0 and a new AI Innovation Hub from the Davos platform, while separate meetings signaled Google’s interest in IT, ITES and data‑centre opportunities in Madhya Pradesh.