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Maharashtra has signed Memorandums of Understanding (MoUs) worth ₹4.99 lakh crore in Davos.
Sounds like a great headline.
But
Read more closely.
the most significant MoU, worth ₹3 lakh crore, was signed with JSW Group
The agreements include investments from Kalyani Group, Reliance Infrastructure, Balasore Alloys Ltd., Viraj Profiles Pvt. Ltd., AB InBev, JSW, Vari Energy, Tembo, Blackstone, Panchshil Realty, Avni Power Batteries, GenSol, Bisleri International, and others. The investments cover logistics, automobiles, steel, electronics, IT, infrastructure, energy, and entertainment.
See something here? Most of these companies are Indian...
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