₹12,000 Crore Investment to Flow into Ahilyanagar Through Davos Pact, 18,000 Jobs to Be Created: CM Devendra Fadnavis

Ahilyanagar, Feb 2026 : Through agreements signed at Davos, investments worth ₹50,000 crore are being brought into five districts of North Maharashtra, of which ₹11,519 crore will come to Ahilyanagar district alone, leading to the creation of 18,000 jobs. Overall, nearly 75,000 employment opportunities will be generated across North Maharashtra, Chief Minister Devendra Fadnavis said on Sunday.

He was speaking at the inauguration of Toral India’s state-of-the-art manufacturing facility at Supa MIDC (Parner taluka). The event was attended by Legislative Council Chairman Prof. Ram Shinde, Water Resources Minister and District Guardian Minister Dr. Radhakrishna Vikhe Patil, Industries Minister Uday Samant, MP Bhagwat Karad, MLAs Kashinath Date, Suresh Dhas, Vikramsingh Pachpute, Toral India Managing Director Bharat Gite, Thoni Aluminium’s Lothar Thoni, and other dignitaries.

Highlighting the scale of investment in the district, the Chief Minister said the Toral India project is a symbol of Maharashtra’s industrial self-reliance. He stressed that the ‘Make in India’ initiative is crucial for building an independent and self-reliant nation, adding that products earlier imported from abroad are now being manufactured in India—particularly in Maharashtra—thanks to entrepreneurs like Bharat Gite.

CM Fadnavis said the government is focused on balanced industrial growth. Earlier, industrial development was largely concentrated in Mumbai, the MMR region, and Pune, but efforts are now being made to decentralise industry across the state. Supa MIDC stands as a strong example of this approach. He added that the state is not stopping at signing MoUs but is ensuring swift implementation, noting that the Davos 2025 agreements are being executed at a rapid pace.

He further said India’s economy has risen from 11th to 4th position globally and will soon become the third-largest economy. In India’s journey towards a $5 trillion economy, the technology and manufacturing sectors will play a vital role, with Maharashtra taking firm steps forward. Of the ₹16 lakh crore worth of agreements signed during the Davos visit, nearly 75 per cent are already on the path to implementation, he noted.

Emphasising sustainability, the Chief Minister said industrial growth must be environment-friendly. The Toral India project focuses on sustainable casting and recycling, reflecting the government’s vision of industry and environment progressing together.

Calling upon entrepreneurs to act as ambassadors of the state, CM Fadnavis assured full government support to industries. He said efforts are underway to ensure stable or reduced power tariffs for industries over the next five years. He also warned that criminal activities in industrial areas will not be tolerated, adding that police have been directed to take strict action against elements harassing entrepreneurs.

Marathi Entrepreneur’s Success Is a Matter of Pride: Industries Minister Uday Samant

Industries Minister Uday Samant said it is a matter of pride for the state that agreements signed at Davos are translating into reality. He described it as inspirational that a Marathi entrepreneur, in collaboration with foreign partners, has built an industry with a ₹500 crore turnover. He noted that advanced components for helicopters, ships, and road construction are now being manufactured in Ahilyanagar, which is a proud moment for the district.

Lothar Thoni also shared his views on the occasion. In the introductory address, Bharat Gite provided details about the Toral India project.

District Collector Dr. Pankaj Ashiya, Zilla Parishad CEO Anand Bhandari, religious heads H.B.P. Namdev Shastri of Bhagwan Gada and H.B.P. Shivaji Maharaj of Narayan Gada, along with several entrepreneurs and citizens, were present at the event.