In a landmark move aimed at accelerating economic growth and infrastructure development, Maharashtra Chief Minister Devendra Fadnavis has announced an ambitious investment plan worth ₹4.07 lakh crore for the Mumbai Metropolitan Region (MMR). The announcement was made during the prestigious India Global Forum 2025 event held at the Jio World Centre in Mumbai.
The investment plan includes the signing of Memoranda of Understanding (MoUs) with major public sector undertakings such as REC Limited, Power Finance Corporation, HUDCO, Indian Railway Finance Corporation, and NABFID. These agreements are set to fund transformative projects across MMR, including metro rail systems, highways, flyovers, coastal roads, and essential utilities like drinking water supply.
Fadnavis emphasized the region’s potential to evolve into a $1.5 trillion economy, with the roadmap prepared in collaboration with NITI Aayog. “The MMR has immense economic potential, and this large-scale funding will pave the way for transformational infrastructure projects,” he stated. The plan is expected to generate 28–30 lakh new jobs and significantly boost Maharashtra’s GDP.
Deputy Chief Minister Eknath Shinde hailed the occasion as historic, marking it as the largest-ever MoU signing in India’s infrastructure sector. He expressed gratitude towards Prime Minister Narendra Modi and CM Fadnavis for their vision and support in making Maharashtra a global investment hotspot.
The investment plan also includes a ₹900 crore MoU with Unilever to establish a Global Capability Centre in Pune, creating 500 jobs and reinforcing Pune’s position as an emerging hub for innovation.
This initiative marks a significant milestone in Maharashtra’s efforts to attract high-value investments and strengthen urban infrastructure, setting a new benchmark in regional economic planning and growth. The transformative projects are expected to unlock the region’s potential and drive sustainable development for years to come.
