Maharashtra Signs MoU with Germany's Hesse on Investment, Innovation and Skills

25 August 2026National

The Government of Maharashtra and the German federal state of Hesse signed an MoU at Sahyadri Guest House, Mumbai, covering investment, industry, innovation, employment and skill development. It was signed by Maharashtra Chief Minister Devendra Fadnavis and Boris Rhein, Minister-President of Hesse. A Joint Working Group (JWG) is to be set up within 90 days to finalise the implementation framework, identify cooperation opportunities and facilitate exchange of business delegations. Focus sectors include pharmaceuticals, healthcare, engineering, automobiles, financial services and logistics, with collaboration in IT, the digital economy, AI and R&D. Hesse - capital Wiesbaden, largest city Frankfurt - is Germany's financial services hub.

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Maharashtra's capital is Mumbai (winter capital Nagpur); it is India's largest state economy by GSDP | Germany's capital is Berlin and its currency is the Euro; the European Central Bank is headquartered in Frankfurt, Hesse | Germany is a federal republic of 16 states (Lander)

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