Maharashtra’s Chief Minister, Devendra Fadnavis, highlighted Maharashtra’s appeal as a top global investment destination during the World Economic Forum in Davos. Fadnavis emphasized the state’s reliability and commitment to its promises, attracting confidence from international investors. He projected Maharashtra’s economy to reach $1 trillion by 2030, ahead of the initial target, with a consistent growth rate exceeding 10% over the past decade.
Accompanied by Industries Minister Dr. Uday Samant and a delegation, Fadnavis credited Maharashtra for 39% of India’s total foreign direct investment last year. He praised the state’s investor-friendly policies, boasting a high conversion rate of agreements signed, especially at Davos. Fadnavis outlined transformative projects like Edu-City, Innovation City, Medicity, and Sports City near the Navi Mumbai International Airport, aiming to create millions of high-paying jobs.
The Chief Minister also highlighted the development of Vadhavan Port, set to be a global top 10 port, ensuring India’s supply chain for the future. Fadnavis stressed the importance of Micro, Small, and Medium Enterprises (MSMEs) as economic pillars, promising reliability and support from the government. He underlined the “New Urbanism” vision, focusing on improving the quality of life in Maharashtra’s municipal corporations to drive economic progress.
