From Wikipedia - Reading time: 3 min
| Magnetic Maharashtra Summit | |
|---|---|
Inauguration of the 1st Convergence by the hands of Prime Minister Narendra Modi | |
| Genre | Investment & Business Summit |
| Location(s) | Mumbai, Maharashtra, India |
| Inaugurated | 18 February 2018 |
| Most recent | 2025 |
| Patron(s) | Government of Maharashtra |
| Organised by | Maharashtra Industrial Development Corporation |
| Website | https://www.midcindia.org |
Magnetic Maharashtra is a summit held in Maharashtra, India, aimed to attract investment into the economy of Maharashtra.[1][2]
Under Chief Minister Uddhav Thackeray, "Magnetic Maharashtra 2.0 was launched in 2020.
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$4.1 billion) in the renewable energy sector.[8]
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]