Magnetic Maharashtra is a summit held in Maharashtra, India, aimed to attract investment into the economy of Maharashtra.[1][2]
| Magnetic Maharashtra | |
|---|---|
| Country | India |
| Prime Minister(s) | Narendra Modi |
| State | Maharashtra |
| Key people | Ministry of Finance |
| Launched | 18 February 2018 |
| Status | Active |
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$4.2 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$16 billion) were signed.[12]