In a bid to attract investors, the Maharashtra government will hold Advantage Vidarbha on February 25 and 26.
The event will focus on IT, mining, power, logistics and supply chain, textile, automobile, nature and wildlife tourism and heavy industries by showcasing the existing facilities, natural resources and geographical location. The idea is to market Vidarbha, particularly the ambitious multi-model international cargo hub at Nagpur (MIHAN), to attract investors.
Chief minister Prithviraj Chavan will inaugurate the event, while union minister for heavy industries Praful Patel and state industries minister Narayan Rane will be the chief guests.
Shivajirao Moghe, the guardian minister for Nagpur district and the organiser for the event, said, “We want to promote the region and encash on the new industrial policy. The event is an effort by the CM to attract investors from India and abroad for the overall development of the region.”
Patel, who hails from the region, was initially was unhappy with the organisers and had announced that he would not attend the event. However, he has now agreed to attend the function
Tata group chairman Cyrus Mistry, Raymond Group’s Gautam Hari Singhania, Jinda group vice-chairman and MD Sajjan Jindal and Indo-Rama CMD OP Lohia will attend the inaugural session.
Moghe said that a high-level committee headed by chief minister should be formed to follow up on the investment proposals The committee should meet at least once every quarter to review the progress, he added.
“An office of development commissioner, who would have the power to grant clearances should be set up here so that the investors do not have to travel to Mumbai frequently,” Moghe said.
“Attracting investment may be tough. But unless we adopt a positive attitude, we will not be able to ensure economic development,” he said.
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