Maharashtra attracts INR 15,260 crore investments at Dubai Expo

Maharashtra attracts INR 15,260 crore investments at Dubai Expo

The state signed 25 MoUs during its participation at India Pavilion

DECEMBER 03, 2021, DUBAI: With the UAE celebrating its 50th National Day on Thursday, the Maharashtra Week at the India Pavilion in EXPO2020 Dubai concluded with a huge success as the state received investments of INR 15,260 crore (around USD 2 billion) and signed over 25 MoUs with global firms. In addition to the investment MoUs signed by Industries Department, other departments such as MMRDA, Skills, Tourism and Women & Child Development Department also signed co-operation MoUs with global counterparts.

The state industries delegation headed by Mr. Subhash Desai, Hon. Minister of Industries, Mr. Baldev Singh, ACS (Industries), Dr. Harshdeep Kamble, Development Commissioner (Industries) and Dr. P. Anbalagan, CEO, MIDC, successfully signed 25 MoUs in key thrust sectors like auto & auto components, logistics, EV, textiles, data center, pharma, biofuels, and energy.

Renowned companies from 6 countries i.e., Japan, Singapore, Sweden, Korea, Germany, and Italy have agreed to invest in Maharashtra. Another MoU was done by the state with an Africa-India Economic Foundation for bilateral trade and co-operation. There were around 6 more MoUs signed by the Tourism Department, MMRDA, Skills Department, and Women & Child Development Department during the state participation.

Almost 1 lakh people visited the India Pavilion during the week, where the state showcased its trillion-dollar economic vision and business attractiveness along with the rich cultural heritage. Maharashtra’s two-week participation period kicked off on the 19 of November 2021, during which more than 15 departments of the state exhibit their achievement and vision for the state. The state not only represented the prowess of its core sectors, such as industry, logistics, tourism, culture but also explained the various initiatives taken for the upliftment of farmers, women, children, and labor.

To commemorate the 50th UAE National Day and celebrate the strong bond between the two countries, many cultural shows were presented by the Maharashtra artists, including a zestful performance by the dhol-tasha band that bedazzled the audiences at the India Pavilion.

Mr. Aslam Sheikh, Maharashtra Fisheries and Textiles Minister, in his closing remarks, congratulated the UAE on its 50th national day and said, “The UAE government has created history by setting up this expo for the countries of the world. It’s a privilege to represent Maharashtra at such a great platform.” While addressing the Indian diaspora at the closing ceremony he said, “We are proud of each Indian who has contributed to the growth of the two nations. The state of Maharashtra appreciates the dedication and hard work that you all have put in strengthening the global position of both India and the UAE.”

During the week, the various departments also held knowledge-sharing leadership roundtables, fireside chats and one-to-one meetings with their respective global counterparts and corporates to highlight the myriad of opportunities that the state has to offer.

The week observed the presence of eminent dignitaries, including, Mr. Nawab Malik, Minister of Skill Development, Employment and Entrepreneurship, Mr. Amit V. Deshmukh, Minister for Medical Education & Cultural Affairs, Mr. Aslam Shaikh, Minister of Textiles, Fisheries and Ports, Ms. Aditi Tatkare, Minister of State for Tourism, Industries, Mr. Anoop Kumar, Principal Secretary (PS), Cooperation and Marketing, Mr. Saurabh Vijay, Secretary Culture, Mr. Deepender Kushwaha, Commissioner MSSDS, Mr. Kailash Pagare, MD, MFSCDC LTD, Mr. Venugopal Reddy, Principal Secretary, Forest, Mr. Eknath Gawle, Principal Secretary, Agriculture, Mrs. Shradhha Joshi, MD, MAVIM, among many others.

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