Maharashtra is India’s Top Investment Hub, Says Fadnavis
Fadnavis pitches Maharashtra as prime destination for investors.
Maharashtra Chief Minister Devendra Fadnavis declared the state as India’s premier destination for industries and investments, citing its robust ecosystem and investor-friendly policies. Speaking at the India-Australia Forum’s Global Leader Meet at the Jio World Trade Centre in Mumbai on Thursday, Fadnavis invited global businesses, particularly Australian industries, to tap into opportunities in wastewater management, solar energy, infrastructure, and port-led development.
Fadnavis emphasized the state’s commitment to fostering a seamless investment experience through comprehensive policies tailored for 14 sectors, including the vital services sector, which significantly drives Maharashtra’s economic growth. To streamline business operations, the state has introduced the ‘Maitri Portal,’ a single-window system designed to expedite clearances and ensure a hassle-free process for entrepreneurs. “Our goal is to meet the expectations of investors and make Maharashtra the easiest place to do business,” he stated.
Highlighting infrastructure advancements, Fadnavis outlined the state’s ambitious plans to enhance connectivity through an expanding expressway network and the development of Vadhavan port, a game-changer for maritime trade. “We’re ensuring all major locations are connected to Vadhavan within six hours,” he noted. Additionally, a new airport in Pune is set to accelerate the city’s growth, supported by rapid transport infrastructure.
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In discussions with industry leaders, Fadnavis spotlighted a collaboration between Australia’s Curtin University and Gondwana University, which aims to boost the iron ore sector in Gadchiroli. “This partnership will position Gadchiroli as India’s iron capital,” he said. He also announced Australia’s involvement in developing Navi Mumbai’s upcoming Edu City, leveraging Australia’s global leadership in education.
The event saw participation from Maharashtra Marketing Minister Jaykumar Rawal, Australian High Commissioner Philip Green, Industries Secretary P Anbalagan, and prominent industry representatives, underscoring the growing India-Australia economic partnership. With its strategic reforms and infrastructure push, Maharashtra is poised to solidify its status as a global investment hub.
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