Mumbai: Even as the state govt signed memoranda of understanding (MoUs) worth Rs 30 lakh crore at Davos in Jan this year estimated to create 40 lakh jobs, the Industrial Entrepreneur Memorandum (IEM), a G2B portal of the Govt of India, showed that between Jan 2022 and Aug 2024, 638 industrial projects with an intended investment of Rs 2.14 lakh crore were reported to have been established and 552 industrial projects with an investment of Rs 1.15 lakh crore reported commencement of business in the state.From June 2020 when Magnetic Maharashtra 2.0 was held till Oct 2025, the state govt had signed 303 MoUs worth Rs 26.8 crore of investments and expected employment of 26.6 lakh, states the economic survey report. The state govt approved 1,169 mega projects from 2005 when the mega project policy was introduced till Dec 2025 with an investment of Rs 19.3 lakh crore and expected employment of 13.8 lakh. So far, eligibility certificates have been issued to 912 projects with an investment of Rs 2.06 lakh crore and expected employment of about 3.3 lakh, states the report.Since its inception (July 2020) till Dec 2025, 63.8 lakh micro, small and medium enterprises have been registered on the Udyam registration portal in the state with employment of about 252.8 lakh. Micro enterprises which have less than 10 employees constitute the largest segment in the state with 62.1 lakh units employing 212.9 lakh people. There are 1.5 lakh small enterprises employing 24.2 lakh people and 18,087 medium enterprises employing 15.6 lakh people.In the IT sector, 37 public IT parks with an investment of around Rs 18,595 crore employing 2.7 lakh people were functioning in the state till Dec 2025, and there are 669 private IT parks located largely in Pune, Mumbai, Thane, Nagpur, Nashik, Chhatrapati Sambhajinagar, Wardha and Raigad, states the survey report.“Software export in the state is Rs 1.74 lakh crore with an investment of Rs 2,382 crore upto Jan 2026 employing 7.46 lakh people. During 2024-25 the state contributed 15% to total exports from India and as on Feb 10, 2026 the state has the highest share of 17% in start-ups at the all India level. The state has allocated Rs 500 crore venture funding for start-ups,” reads the report. From Oct 2019 to March 2025, the state has remained at the top position in FDI inflows in the country with 31% share.
