Magnetic Maharashtra

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Magnetic Maharashtra Summit
Magneticmaharashtralogo.png
The Prime Minister, Shri Narendra Modi at the Magnetic Maharashtra Convergence - 2018, in Mumbai, Maharashtra.jpg
Inauguration of the 1st Convergence by the hands of Prime Minister Narendra Modi
GenreInvestment & Business Summit
Location(s) Mumbai, Maharashtra, India
Inaugurated18 February 2018;6 years ago (2018-02-18)
Most recent2025
Patron(s) Government of Maharashtra
Organised by Maharashtra Industrial Development Corporation
Website https://www.midcindia.org

Magnetic Maharashtra is a summit held in Maharashtra, India, aimed to attract investment into the economy of Maharashtra. [1] [2]

Contents

Under Chief Minister Uddhav Thackeray, "Magnetic Maharashtra 2.0 was launched in 2020.

2018

The 2018 edition of the summit, called Magnetic Maharashtra: Convergence 2018, was organised from 18 to 20 February 2018, at MMRDA Ground, Bandra-Kurla Complex, Mumbai, India. [3] The event was inaugurated by the ten Chief Minister of Maharashtra, Devendra Fadnavis [4] and was attended by Prime Minister Narendra Modi [5] and NITI Aayog CEO Amitabh Kant. [6] The summit attracted an investment of ₹ 12.1 trillion (US$140 billion) [7] with ₹ 35,000 crore (US$4.0 billion) in the renewable energy sector. [8]

2020

The second edition of the summit. called Magnetic Maharashtra 2.0 was launched in June, 2020, [9] amid the COVID-19 pandemic in Maharashtra. The event was inaugurated by Chief Minister of Maharashtra Uddhav Thackeray. [10] [11] 56 MOUs with investments worth ₹ 129,439 crore (US$15 billion) were signed. [12]

References

  1. ↑ Jayakumar, P. B. (15 February 2018). "'Magnetic Maharashtra' investment summit targets to attract Rs 10 lakh crore". Business Today. Retrieved 18 February 2018.
  2. ↑ Jain, Bhavika (14 February 2018). "Govt estimates big investment in various sectors ahead of 'Magnetic Maharashtra' summit". Times of India. Retrieved 18 February 2018.
  3. ↑ Abhijit (16 February 2018). "Magnetic Maharashtra: Convergence Maharashtra 2018". Our Nagpur. Retrieved 8 October 2021.
  4. ↑ "Magnetic Maharashtra: Convergence 2018: Government hopes to get Rs 10 lakh crore investments at Magnetic Maharashtra | Mumbai News - Times of India". The Times of India. TNN. 6 February 2018. Retrieved 8 October 2021.
  5. ↑ "Magnetic Maharashtra: Attracting Domestic And Foreign Direct Investments". RealtyNXT. 21 February 2018. Retrieved 8 October 2021.
  6. ↑ "'Magnetic Maharashtra' Convergence Summit 2018: All you need to know". The Indian Express. 18 February 2018. Retrieved 8 October 2021.
  7. ↑ Ghadyalpatil, Abhiram (21 February 2018). "Magnetic Maharashtra summit: 4,106 MoUs worth Rs12.10 trillion signed". mint. Retrieved 8 October 2021.
  8. ↑ "Maharashtra: State signs MoU worth Rs 35,000 crore in renewable energy sector". The Indian Express. 14 September 2021. Retrieved 8 October 2021.
  9. ↑ "Economic Survey 2021: Maharashtra attracted Rs 1.13 lakh crore investment under Magnetic Maharashtra 2.0". Free Press Journal. Retrieved 8 October 2021.
  10. ↑ Deshpande, Alok (15 June 2020). "Uddhav to kick-start Magnetic Maharashtra 2.0 with 12 pacts". The Hindu. ISSN   0971-751X . Retrieved 8 October 2021.
  11. ↑ Deshpande, Alok (15 June 2020). "State signs 12 MoUs in Magnetic Maharashtra 2.0". The Hindu. ISSN   0971-751X . Retrieved 8 October 2021.
  12. ↑ MIDC (9 July 2021). "Covid no deterrent for MIDC, Maharashtra remains Magnetic with investment intentions of over Rs 1 lakh crore". ThePrint. Retrieved 8 October 2021.
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