The Mumbai Metropolitan Region Development Authority (MMRDA) achieved a historic milestone at the World Economic Forum (WEF) Annual Summit 2026 in Davos. On Day 1, the authority signed 10 major MoUs worth 96 US$-Billion (8.73 Lakh INR-Crore). The MMRDA WEF Davos MoUs are expected to generate 9.6 Lakh direct and indirect jobs, positioning the Mumbai Metropolitan Region as Asia’s talent capital.
The MoUs cover diverse sectors including the Urban Tech Stack, artificial intelligence, sports medicine, and Net-Zero sustainable development. Additionally, they will empower local talent with global opportunities. Furthermore, the initiatives are expected to strengthen Maharashtra’s role as India’s primary growth engine.
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Officials said the landmark agreements reflect global investors’ confidence in Maharashtra’s growth potential. Moreover, the MMRDA WEF Davos MoUs are seen as blueprints for “Mumbai 3.0,” aimed at accelerating the state’s march toward the 1 US$-Tillion economy milestone. The investments will further transform MMR into a world-class, technology-driven powerhouse.
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