Magnetic Maharashtra

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; 7 years ago (2018-02-18)
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.

## 2018

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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]

## 2020

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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]

## References

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1. ^ Jayakumar, P. B. (15 February 2018). "'Magnetic Maharashtra' investment summit targets to attract Rs 10 lakh crore". Business Today. Retrieved 18 February 2018.
2. ^ Jain, Bhavika (14 February 2018). "Govt estimates big investment in various sectors ahead of 'Magnetic Maharashtra' summit". Times of India. Retrieved 18 February 2018.
3. ^ Abhijit (16 February 2018). "Magnetic Maharashtra: Convergence Maharashtra 2018". Our Nagpur. Retrieved 8 October 2021.
4. ^ "Magnetic Maharashtra: Convergence 2018: Government hopes to get Rs 10 lakh crore investments at Magnetic Maharashtra | Mumbai News - Times of India". The Times of India. TNN. 6 February 2018. Retrieved 8 October 2021.
5. ^ "Magnetic Maharashtra: Attracting Domestic And Foreign Direct Investments". RealtyNXT. 21 February 2018. Retrieved 8 October 2021.
6. ^ "'Magnetic Maharashtra' Convergence Summit 2018: All you need to know". The Indian Express. 18 February 2018. Retrieved 8 October 2021.
7. ^ Ghadyalpatil, Abhiram (21 February 2018). "Magnetic Maharashtra summit: 4,106 MoUs worth Rs12.10 trillion signed". mint. Retrieved 8 October 2021.
8. ^ "Maharashtra: State signs MoU worth Rs 35,000 crore in renewable energy sector". The Indian Express. 14 September 2021. Retrieved 8 October 2021.
9. ^ "Economic Survey 2021: Maharashtra attracted Rs 1.13 lakh crore investment under Magnetic Maharashtra 2.0". Free Press Journal. Retrieved 8 October 2021.
10. ^ Deshpande, Alok (15 June 2020). "Uddhav to kick-start Magnetic Maharashtra 2.0 with 12 pacts". The Hindu. ISSN 0971-751X. Retrieved 8 October 2021.
11. ^ Deshpande, Alok (15 June 2020). "State signs 12 MoUs in Magnetic Maharashtra 2.0". The Hindu. ISSN 0971-751X. Retrieved 8 October 2021.