Taural India, a leading world-class integrated aluminium foundry, and the Government of Maharashtra have signed a Memorandum of Understanding (MoU) to expand the company’s advanced manufacturing facility in Supa, Ahilya Nagar, Maharashtra. 

According to Taural India, the signing, held at the Maharashtra Pavilion during the World Economic Forum in Davos, was presided over by Chief Minister Devendra Fadnavis and other senior government officials. 

This agreement underscores a bold step toward driving industrial growth and strengthening self-reliance in Tier II regions of Maharashtra.

– ANI

Syria’s Foreign Minister Asaad Hassan Al Shibani speaks with former British Prime Minister Tony Blair during the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2025.
| Photo Credit:
Reuters

Leaders from various countries on Thursday (January 23, 2025) called for action on artificial intelligence and reforms as they brainstormed during the five-day World Economic Forum Annual Meeting.

Also Read | India at forefront of age defined by tech evolution: WEF report

In a special address, Spanish Prime Minister Pedro Sanchez called for a reform of social media governance across the European Union to curb misinformation and cyber harassment.

The third day of the World Economic Forum saw a windfall for Telangana as the government signed MoUs worth thousands of crores with the prominent being an investment of ₹45,500 crore by Sun Petrochemicals, a leading energy company, which would develop three Pumped Storage Hydro Power projects in the districts of Nagarkurnool, Mancherial, and Mulugu.

On the other hand, Maharashtra signed 54 Memorandums of Understanding (MoUs) at the World Economic Forum in Davos. The total investment is worth ₹15.70 lakh crore, with an expected creation of 15.95 lakh jobs across the state.

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Andhra Pradesh Chief Minister N. Chandrababu Naidu is scheduled to meet Microsoft founder Bill Gates and several other global executives in Davos, Switzerland on Wednesday, officials said.

On the third day of his visit to the Swiss resort town, the Chief Minister will also meet the officials from the World Economic Forum (WEF), they added.

“The chiefs of Unilever, DP World Group, Petronas, Google Cloud, Pepsi and AstraZeneca are going to meet the CM. The CM will also hold discussions with Bill Gates and WEF representatives,” a press release said.

Moreover, Andhra Pradesh is expected to ink an agreement with renewable energy player Greenko and the CM is scheduled to attend roundtable conferences on topics such as organic farming, human mission calibration and green hydrogen, and renewable power, the release added. The CM will promote ‘Brand Andhra’ and showcase investment opportunities in the state, it said.

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