Investment-friendly’ Maha to market itself at Davos

Maharashtra government has proposed to aggressively market its pre-eminence in attracting domestic and foreign direct investments. The state will be represented by the industries secretary Satish Gavai, Maharashtra Industrial Development Corporation CEO P Anbalagan and City and Industrial Development Corporation vice chairman and managing director Lokesh Chandra. The state government has proposed to aggressively market Maharashtra’s pre-eminence in attracting domestic and foreign direct investments.

The team will also invite global investors to contribute towards making Maharashtra a trillion dollar economy by 2025 and make the state a global investment and manufacturing hub.

State industries department said, “The government will put forward a strategy before the global investors to retain leadership position in industrial investment by providing conducive environment, sustain high levels of employment generation primarily through promotion of micro, small and medium enterprises and promote regionally balanced, environmentally sustainable and inclusive industrial growth.” He informed that the state has set an ambitious target of attaining manufacturing sector growth of 12 per cent to 13 per cent, attract investments worth Rs.10 lakh crore and create employment opportunities for 60 lakh by 2023.

Infrastructure and Logistics Federation of India President Sushil Jiwarajka said that the state government should emphasise on the huge investments being made in infrastructure projects like Mumbai Ahmedabad bullet train, Mumbai Metro expansion, trans-harbour link, coastal road, Navi Mumbai airport. These are examples of world-class projects involving multi-billion dollar investments which will get completed in the next couple of years.

“However, access to world-class education, health care and highly skilled and trained manpower will differentiate Maharashtra from the other competing states. This will provide a competitive advantage to potential investors,’’ said Jiwarajka.

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