MoU worth Rs 10,000 crore signed with Web Werks for mega data centre in Maharashtra: CM Eknath Shinde

Pic/CM Eknath Shinde`s office

The Maharashtra government has signed a memorandum of understanding (MoU) worth Rs 10,000 crore with Web Werks for investment in a mega data centre in Maharashtra in the next five years, Chief Minister Eknath Shinde's office has said.

The MoU for the mega data centre in Maharashtra was signed in the presence of CM Eknath Shinde in Davos, the CM's office said on X on Thursday night.

The investment proposal has the potential to create direct employment for 1,500 people, it said.

Earlier, CM Eknath Shinde had said that the state had inked MoUs worth Rs 3,53,675 crore at the World Economic Forum in Davos.

Terming his Davos visit "successful," Maharashtra Chief Minister Eknath Shinde said several memoranda of understanding worth over Rs 3,53,000 crore (approx) were signed over three days of the Davos summit and businessmen were excited to invest in the state.

Speaking with ANI about his Davos visit, CM Shinde said, "The Davos visit was successful... Several MoUs have been signed. People are excited to invest in Maharashtra...Our policy is very flexible and pro-industry. The people (in Maharashtra) are very positive and cooperative..."

"MoUs worth over Rs 3,53,000 crores were signed. Another MoU worth over Rs 1. 5 lakh crore will also be signed. There is euphoria among businessmen to invest on a large scale in Maharashtra," CM Shinde added.

He said that there is infrastructure, connectivity and skilled manpower in Maharashtra.

"The atmosphere is entirely conducive to investment. There is also a double-engine government. (Prime Minister Narendra) Modi ji is with us. His full support is with the State," said Shinde.

He said that representatives of several world countries were "calling PM Modi a global leader."

The World Economic Forum is an international non-governmental organisation for public-private sector collaboration based in Cologny, Switzerland.

The 54th Annual Meeting of the World Economic Forum will provide space to focus on the fundamental principles driving trust, including transparency, consistency, and accountability, as per the forum's official website.

This annual meeting will welcome over 100 governments, all major international organisations, 1000 forum partners, as well as civil society leaders, experts, youth representatives, social entrepreneurs, and news outlets.

(With inputs from PTI and ANI)