Davos, Jan. 19 -- Maharashtra Chief Minister Devendra Fadnavis on Monday said that the state has higher rate of converting Memorandums of Understanding (MoUs) into actual projects as compared to other states, highlighting that more than 55 per cent to 60 per cent in the state were "fructified" while 75 per cent of MoUs in Davos have been acted upon.

Fadnavis was attending the World Economic Forum (WEF) 2026 in Davos.

Addressing the press conference here, Fadnavis said, "In India, we have seen that normally 35 per cent of the MoUs are fructified in most of the states in India, but in Maharashtra, it is more than 55 per cent to 60 per cent. In case of the MoUs in Davos, over 75 per cent have been acted upon."

He credited the investment-f...