Maharashtra Governor Acharya Devvrat emphasized that Maharashtra remains a key hub for foreign investment, contributing over 13.5% to India’s GDP. He mentioned the establishment of a “Vision Management Unit” to steer the state towards a $5 trillion economy by 2047. During the budget session’s inaugural day, the Governor revealed that Maharashtra attracted Rs 1,64,875 crore in FDI in 2024–25, representing 39% of the nation’s total inflows.
At the World Economic Forum meeting in Davos in January 2026, agreements worth approximately Rs 30 lakh crore were inked with companies from 18 countries, with expectations of creating 40 lakh jobs. The state introduced the “Maharashtra Industry, Investment and Service Policy 2025,” aiming for Rs 70.5 lakh crore in investments and the generation of 50 lakh jobs. Noteworthy policies for bamboo, gems and jewellery, AVGC-XR, and Global Capability Centres have been rolled out, alongside the establishment of the ‘Maha-InviT’ infrastructure trust to mobilize funds.
The Governor disclosed that MoUs worth Rs 56,000 crore were signed for port development during India Maritime Week 2025. Additionally, approvals were granted for 147 major road projects covering 1,100 km at a cost of Rs 4,478 crore. Plans are underway to extend the Samruddhi Mahamarg to the proposed Vadhvan Port and eastern Vidarbha.
In efforts to enhance the shipping sector, the “Maharashtra Shipbuilding, Ship-repair and Ship Recycling Policy 2025” was enacted to boost projects along the coastline. Maritime agreements signed during India Maritime Week are anticipated to accelerate investments and employment in port infrastructure and shipbuilding. The state is also focused on improving “Ease of Living” and “Ease of Doing Business” by repealing outdated laws, decriminalizing minor offenses, and streamlining regulatory provisions.
A comprehensive digital transformation project is in progress to consolidate employee data from recruitment to retirement on a unified platform. In the agriculture sector, the “Maharashtra Agri-Artificial Intelligence Policy 2025–29” was launched to support technology-driven farming. Notably, the state’s initiatives include the Mukhyamantri Baliraja Free Electricity Scheme benefiting over 44 lakh farmers and the installation of 45,911 solar pumps, setting a Guinness World Record.
Under the Umed mission, 26.19 lakh women have achieved financial empowerment. Various schemes like the Rani Durgavati Mahila Sakshaktikaran Yojana and Comprehensive Cancer Care Policy have been introduced to support women’s health and empowerment. The government has taken steps to prevent academic loss by scheduling CET examinations for vocational courses biannually.
The Governor highlighted the inclusion of twelve forts, such as Raigad Fort and Shivneri Fort, in the UNESCO World Heritage list. Moreover, preparations for the 2027–28 Simhastha Kumbh are being overseen by the newly formed Kumbh Mela Authority. Notable achievements by individuals like world chess champion Divya Deshmukh and members of the Indian women’s national cricket team have been recognized by the government.
