Maersk investment in Maharashtra, India for USD 2.6 billion at World Economic Forum 2026, Davos

At the World Economic Forum (WEF) annual meeting 2026 held in Davos, Switzerland (January 19–23, 2026), Maharashtra Chief Minister from India - Devendra Fadnavis met Vincent Clerc, CEO of A.P. Moller – Maersk, discussed Maersk’s proposed $2.5 billion terminal investment in Maharashtra and explored the idea of an India-EU supply chain corridor to support the upcoming India-EU Free Trade Agreement (FTA).

This meeting reflects a broader push by Maharashtra to attract trade, logistics and supply-chain investments at Davos.

MoUs & investment commitments

Multiple investment agreements and memoranda of understanding (MoUs) were announced during the World Econimic Forum at Davos :

• Maharashtra government signed MoUs worth up to ₹30 lakh crore (~$360 billion) with global partners, expected to generate hundreds of thousands of jobs across sectors such as technology, services, industry and agriculture.

• The Mumbai Metropolitan Region Development Authority (MMRDA) formalised two landmark MoUs worth USD 26 billion on January 22, 2026

  • An $11 billion AI-led partnership with Tata Group

  • And a $15 billion sustainable industrial development initiative under the Bharat–Switzerland collaboration.

Another State level investment Wins in India

• The Telangana government secured investment commitments totalling nearly ~USD 3.5 billion (INR 29,000 crore) ~$3.5 billion in sectors including steel production, AI, data centres, clean energy, and global capability centres (GCCs). Major announcements included UPC Volt’s ₹5,000 crore.

• A-centre project and L’Oréal’s ₹3,500 crore AI-driven beauty tech hub in Hyderabad.

• Uttar Pradesh signed a significant ~USD 3 billion (INR 25,000 Crore) MoU with the Essar Group focused on clean energy, digital infrastructure, logistics, and data-centre expansion.

• Kerala announced investment commitments worth USD 14 billion (approx. ₹1.18 lakh crore) across renewable energy, tourism, skills development, and financial services.