Maharashtra most preferred for national, international investment: CM Fadnavis
Mumbai, 04 June (HS): Maharashtra is becoming an important centre for investment not only for Indian companies, but also for international companies. The State is gearing up for industrial and innovation revolution, said Ch
Maharashtra most preferred for national, international investment: CM Fadnavis


Mumbai, 04 June

(HS): Maharashtra is becoming an important centre for investment not only for

Indian companies, but also for international companies. The State is gearing up for

industrial and innovation revolution, said Chief Minister Devendra Fadnavis.

Fadnavis was

speaking during a programme ‘2025 India Conference: Accelerating Growth,

Maharashtra@one trillion’, organised by the Bank of America, at Hotel Taj

Palace in Mumbai.

Maharashtra was

the most benefited in Prime Minister Narendra Modi’s mission of ‘Make in India’.

This was demonstrated by the arms producing capacity of Maharashtra during the ‘Operation

Sindoor’, even when Uttar Pradesh and Tamil Nadu have clusters for arms

production units.

About 60 percent

of the data centre capacity in India, is in Maharashtra. Mumbai was already the FinTech

capital of the country, and Maharashtra has become an important state for startups. The State will make an opportunity to provide a safe alternative

for foreign investments.

Maharashtra

fetched foreign investment worth Rs 16,000 crore during the Davos Economic

Conclave. More than half of it is in the production units, which is an

indication of the progress of the state. This was possible because of the ‘Make in

India’ mission, Fadnavis said.

Maharashtra is developing fast in various sectors. Connecting Mumbai and

Navi Mumbai by sea route and a 22 km bridge is an important step towards the

expansion of Mumbai’s seaport. The work on new international airport is

nearing completion. Fadnavis also explained his ambition to develop three big theme

cities, Edu-City to accommodate ten international universities, Sports City,

Medicine City, Knowledge City, and Innovation City. With the help of the

Government of India, facilities to control cybercrime will be established, he

added.

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Hindusthan Samachar / Ajay Vasant Mardikar


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