Prime Minister Narendra Modi is slated for a busy day in Mumbai on Sunday. As part of his Mumbai itinerary, the Prime Minister will inaugurate three-day Magnetic Maharashtra summit, lay the foundation stone of Navi Mumbai International airport and inaugurate new container terminal at the Jawaharlal Nehru port.


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Apart from this, PM Modi is also scheduled to have a closed-door meeting with CEOs of as many as 50 global companies.


The Magnetic Maharashtra summit, officially called ‘Magnetic Maharashtra: Convergence 2018’ is expected to see attendance of over 150 global CEOs as well as business tycoons from India. The event will also be attended by Ambassadors and Consul Generals of different countries.


Devendra Fadnavis-led Bharatiya Janata Party (BJP) government in Maharashtra expects to sign a record 4,500 Memorandum of Understandings (MoUs) and investment intentions worth Rs 10 lakh crore.


The government has reportedly short-listed sectors such as infrastructure, chemicals and petrochemicals, textile, electric vehicle, gems and jewellery.


Apart from the Magnetic Maharashtra Summit, the Prime Minister will also lay the foundation stone of Navi Mumbai International Airport, the first phase of which is expected to be completed by December 2019. This is the deadline set by the Maharashtra government. The airport is likely to handle 10 million passengers annually post completion.


Before his departure from Mumbai, PM Modi will also inaugurate the Wadhwani Institute for Artificial Intelligence at the University of Mumbai. The prime minister will later leave for Mysuru in Karnataka.


On February 19, he will address via video conferencing the World Conference on Information Technology, being held in Hyderabad. He will also visit Shravanabelagola for the Bahubali Mahamasthakabhisheka Mahotsava.


At a function at the Mysuru Railway Station, he will dedicate to the nation, the electrified Mysuru-Bengaluru railway line. He will flag off the Palace Queen Humsafar Express between Mysuru and Udaipur, besides addressing a public meeting in Mysuru later in the day.