The State Government has signed a historic Memorandum of Understanding (MoU) with Lodha Developers Ltd. at the WEF 2026. It strengthen Maharashtra’s role as a key digital hub.
The agreement, valued at an impressive Rs 1,00,000 crore, marks a major advancement for the state’s infrastructure and technology landscape.
Govt sign agreement with Lodha Developers at WEF 2026
This important partnership formalized in the presence of CM Devendra Fadnavis and Abhishek Lodha, Managing Director and CEO of Lodha Group, during a session at the Maharashtra Pavilion.
The investment focus on the IT and IT-enabled Services (ITeS) sector, particularly in developing modern Data Centres. These facilities planned for the Mumbai Metropolitan Region (MMR), taking advantage of the area’s existing connectivity and the state’s supportive ‘Green Integrated Data Centre’ policies.
₹14.5 Lakh Cr Investments On Day 1
This substantial commitment was part of a larger, successful day for the Maharashtra delegation at Davos. It secure total investment pledges exceeding Rs 14.5 lakh crore across various emerging sectors.
With the state hosting nearly 60 % of India’s current data center capacity, this Rs 1 lakh crore investment by Lodha ensures that the Mumbai Metropolitan Region remain the center of India’s digital transformation for coming years.
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