WEF 2026

Government of Maharashtra, Rural Enhancers Group & Nutrifresh Farm Tech Sign ₹2,500-Crore MoU at Davos in the Presence of the Chief Minister Devendra Fadanvis

FIRST EVER AGRICULTURE-FOCUSED AGREEMENT AT DAVOS | SPECIAL INVITATION EXTENDED TO PUNE-BASED JAYANT YERAVDEKAR DAVOS / MUMBAI / PUNE: AT THE ONGOING WORLD ECONOMIC FORUM (WEF) IN DAVOS: the Government of Maharashtra signed a Memorandum of Understanding (MoU) worth approximately ₹2,500 crore with Rural Enhancers Group and Nutrifresh Farm Tech India Pvt. Ltd., in the presence of Hon’ble Chief Minister Shri Devendra Fadnavis.

The MoU was signed by Mr. Ambar Ayade, Managing Director & CEO of Rural Enhancers Group, and Mr. Sanket Mehta, CEO of Nutrifresh Farm Tech India Pvt. Ltd. This agreement marks a significant step towards promoting modern, climate-responsive, and technology-driven smart agriculture in Maharashtra and is the first agriculture-focused agreement signed at Davos.

Under the MoU, large-scale investment will be made in climate-smart and technology-oriented agriculture, with the project scheduled to go live from April 2026. The initiative will leverage the technological expertise of Nutrifresh, one of India’s leading companies in Controlled Environment Agriculture (CEA). Nutrifresh is known for delivering safe, consistent, and high-quality agricultural produce through the use of Artificial Intelligence (AI) and Internet of Things (IoT)-based technologies.