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HomeIndiaMaharashtra signs MoUs of over Rs 15,000 crore at Dubai expo

Maharashtra signs MoUs of over Rs 15,000 crore at Dubai expo

Companies from six countries, including Japan, Singapore, Sweden, Korea, Germany and Italy have agreed to invest in Maharashtra, the Maharashtra govt said in a press release.

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New Delhi: The Maharashtra government Thursday concluded its participation in the Dubai expo, signing 25 Memorandums of Understanding (MoUs) worth Rs 15,620 crore. 

Over 15 departments marketing the state’s key thrust sectors such as infrastructure, pharma and EV sectors, among others, signed MoUs, the Maharashtra government said in a press release. 

Companies from six countries, including Japan, Singapore, Sweden, Korea, Germany and Italy have agreed to invest in Maharashtra, the statement added. The government also signed an MoU with an Africa-India Economic Foundation for bilateral trade and cooperation. 

The state saw significant business engagement in the UAE and the Expo with the industries department holding knowledge sharing and networking sessions with key investors in thrust sectors such as Food Processing, Social Infrastructure, AVGC and Logistics. They also engaged with global Multinational companies such as Honeywell, DP World, Tabreed, Sharaf Group, Virgin Hyperloop etc. in one-to-one discussions about future cooperation. 

Other departments such as Tourism Department, MMRDA, Skills Department and Women & Child Development Department also engaged with global counterparts present in Dubai for the Expo and signed MoU’s during the two weeks of Maharashtra’s participation. 

In addition to the state participation, the government also engaged the Marathi diaspora in UAE with a strong inaugural program and an evening cultural program that was attended by more than 800 local Marathi residents of UAE. 

“The core theme of Maharashtra’s participation was ‘Realizing the Trillion Dollar Economy’, and 12 sub-themes that come together to showcase Maharashtra’s vision for the future. Not only did the state represent Infrastructure and Industry, but also its Tourism, Culture, Forests and what the state is doing for upliftment of farmers, women, children, and labor”, the statement read. 


Also read: India’s gems & jewellery exports doubled since 2020, but it’s just Covid recovery, say experts


 

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