CM Fadnavis announces 'Innovation City' at Davos; Tata Group to invest 11 billion dollars
Updated:7 months, 2 weeks ago
Maharashtra announced plans to develop India’s first innovation city near Mumbai, with Tata Sons committing an investment of $11 billion, including a data centre. The announcement was made at the World Economic Forum in Davos, where the proposal was presented to hundreds of international investors. The proposed innovation city aims to create a global, plug-and-play innovation ecosystem, positioning Mumbai as a major hub for technology and innovation. Authorities said the location has been identified and detailed planning will take place over the next six to eight months.
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