New Delhi: Devendra Fadnavis, Chief Minister of Maharashtra on Monday reiterated that the state government is aiming to make Maharashtra a USD one trillion economy by 2030.
Speaking at the CII Annual Business Summit in New Delhi, Maharashtra CM said that the world is passing through disruptions, technological upheaval, energy transition, supply chain realignment, and uncertainty regarding growth.
Amidst this, India inspires confidence at scale due to stability, ambition, resiliency and the capacity to execute, he added.
The CM opined that states are the engines of the Viksit Bharat vision, and Maharashtra intends to lead in this.
"For decades the state has been India’s economic engine, and Maharashtra is currently preparing for the next era of the global economy, driven by infrastructure, innovation, talent, technology, and institutional trust," he added.
He added that Maharashtra is a USD 660 billion economy, contributing nearly 15 percent to the national economy; 40 percent of India’s cumulative FDI is coming in Maharashtra and one fifth of India’s engineering exports.
"India@100 #Viksit Bharat has been initiated. Our leadership has given us vision that we need to execute in the states. States that can create growth, build infrastructure, attract global capital, create jobs at scale, compete globally, and of course Maharashtra intends to lead this journey," CM added.
He called the state as the data centre and startup capital of India and added that Mumbai remains the financial, commercial and entertainment capital of India.
The CM said that Maharashtra is investing in infrastructure at unprecedented scale, including the Mumbai Trans Harbour Link, Samruddhi Mahamarg, Navi Mumbai International Airport, Vadhavan Port, industrial corridors and digital infrastructure, which are together redesigning the economic geography of Maharashtra.
He added that the future economy will be driven by Artificial Intelligence, Semi-conductors, EVs, advanced manufacturing, clean energy, data centres, Global Capability Centres and deep tech innovations, and Maharashtra is positioning itself at the centre of this transformation.
Rajiv Memani, President, CII said that Mumbai’s growth is reflective of a bold and future oriented vision, not just as the financial capital but as one of the world’s best integrated economic regions.
Chandrajit Banerjee, Director General, CII thanked the Chief Minister for the growth opportunities that he has provided to the industry through progressive policies and exceptional leadership.
Ends.
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