MUMBAI: More than 47 Global Chief Executive Officers and 165 CEOs of leading firms in India will participate in the first ever three-day Magnetic Maharashtra: Convergence 2018 summit beginning on Sunday at the BKC grounds.

Prime Minister Narendra Modi will inaugurate the conference, while more than half a dozen union ministers and chief ministers of most of the BJP-ruled states are likely to participate in the event. Modi will address a round-table conference of all CEOs attending the conclave. “In 2016, the NDA government had organised Make-In-India, then we were hosts for the event, now we ourselves are organising the conference. Our aim is to project Maharashtra as the final destination for domestic as well as foreign direct investment,’’ chief minister Devendra Fadnavis, who reviewed the preparations for the event on Saturday, said.

A senior bureaucrat told TOI that during the three-day conference, it is expected that nearly 4000 MoUs, with estimated investment of Rs 10 lakh crore and job opportunities for 35 lakh, will be signed in the presence of the CM. Initially, it was expected that at least four key MoUs will be signed in the presence of the Prime Minister, but there was no confirmation. Key MoUs, including Reliance Jio, Railways Latur coach factory, Ratnagiri Refinery and Petrochemicals limited, ReNew power ventures, Amazon, agri export hut at Jawaharlal Nehru Port Trust, Britannia, Genus paper, Lloyd Steel and Mahindra electrical vehicles will be signed before Fadnavis.