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The Hindu
The Hindu
National
Shoumojit Banerjee

Amid ‘splurge trip‘ accusations, Shinde leaves for Davos promising massive investments for Maharashtra

Amid flak from the Opposition Maha Vikas Aghadi (MVA) that his Davos tour was a ‘splurge trip’, Maharashtra Chief Minister Eknath Shinde early Wednesday left for the World Economic Forum (WEF) in Davos, Switzerland, promising to bring even more investments for the State than last year. CM Shinde stated that the WEF would be a platform to showcase Maharashtra’s potential as the preferred destination for global investments.

Speaking at Mumbai airport early morning prior to his departure, Mr. Shinde said that the summit was a great opportunity for Maharashtra to brand itself in an international forum.

 “The summit is a big opportunity for Maharashtra to brand and showcase itself in an international forum. During my previous visit at the WEF in Davos in 2023, we had signed MoUs worth ₹1,37,000 crores of which there was a 76% conversion and with the execution of those projects. This time, we hope more MoUs will be signed and their execution will also be done on a large scale. The investments will boost industrial growth not just in the big cities but make deep inroads into rural Maharashtra as well, while generating massive employment,” Mr. Shinde said.

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