Is Maharashtra the Most Favorable State for Investment?

Synopsis
Key Takeaways
- Maharashtra is committed to creating an industry-friendly environment.
- New policies for 14 sectors are on the way.
- The MAITRI portal streamlines permissions for entrepreneurs.
- Investment opportunities abound in sewage management, solar energy, and infrastructure.
- A new airport in Pune is set to accelerate growth.
Mumbai, Sep 11 (NationPress) Chief Minister Devendra Fadnavis declared on Thursday that Maharashtra stands out as the most investment-friendly state in India, characterized by a highly conducive ecosystem for industries. He emphasized that the state offers an ideal environment for investment and industrial growth under the ease of doing business framework.
Speaking at the round table conference held during the India-Australia Forum's Global Leaders Meet, he assured that the state government is committed to meeting the aspirations of both investors and entrepreneurs, revealing that comprehensive policies for various sectors are in the pipeline.
"We will unveil policies for 14 sectors soon, including the vital service sector, which significantly contributes to the state's economic growth. The MAITRI portal has been developed to streamline processes for entrepreneurs, ensuring they can quickly secure all necessary permissions. This one-stop initiative aims to enhance the investment experience in Maharashtra," he mentioned.
According to the Chief Minister, the Maharashtra government is actively working on enhancing the ease of doing business.
"We are implementing new investment concepts and constructing a network of expressways throughout the state," CM Fadnavis added.
He also highlighted the significance of the Vadhavan port in boosting maritime trade, linking key regions of the state within a six-hour radius to the port. Investment opportunities abound in fields such as sewage management, solar energy, and infrastructure, which Australian industries are encouraged to explore. A new airport in Pune is also on the way, set to stimulate the city's growth further. The government is making strategic decisions to benefit industries and investors alike.
Prior to the conference, CM Fadnavis engaged with attendees and industry leaders, noting Australia's prominence in the education sector, where many Indian students pursue their studies.
"Edu City in Navi Mumbai will offer educational opportunities, and the partnership between Kurnool University and Gondwana University aims to deliver technical education in mining, benefiting the iron industry in Gadchiroli, which is poised to become the country's iron capital," he remarked.
In attendance were Marketing Minister Jayakumar Rawal, Australian High Commissioner Philip Green, and various industry representatives.
CM Fadnavis also shared on X about meeting Australian cricket icon Steve Waugh at the IABCA Global Leaders Forum, expressing gratitude for the gift of the book The Spirit of Cricket - India, showcasing the shared passion for cricket between the two nations.