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CM Fadnavis pitches Maharashtra as top investor destination in Gujarat

Maharashtra Chief Minister Devendra Fadnavis underlined the state’s status as the number one destination for industrial investment to attract investment from the Indian diaspora gathered in Prime Minister Narendra Modi’s hometown of Gandhinagar for the 13th Pravasi Bharatiya Diwas. “Maharashtra has consistently ranked number one state for investment in the country. Between April and October this year, the state witnessed a foreign direct investment (FDI) equity inflow of $20,193 billion,” Fadnavis informed investors.

Competing hard with other states including Gujarat to lure investors, Fadnavis said, “Maharashtra is a land of opportunities. Come, grab these in the new and changed Maharashtra.” In Modi’s hometown, the Maharashtra CM however did not forget to shower laurels on the PM. “I congratulate Narendra Modiji for given permissions that weren’t cleared in ten years within two months. Maharashtra will be at the forefront in implementing Modiji’s agenda of Make in India.” Hard selling Maharashtra’s performance card, Fadnavis further said, “The state contributed to 15 per cent of the country gross domestic product (GDP). For the nation to grow at 8 per cent to 9 per cent, Maharashtra has to grow at 10 per cent. About Rs 1 crore will be invested in the state in two years.” Counting achievements of his three-month old government, the Maharashtra Chief Minister said that the state was concentrating on ease of doing business. “Permissions that once required two years are now being given in two months. We have brought down the number of prior permissions required for an industry from 76 to 25.

Rolling out the red carpet to investors, Fadnavis further said, “Humne to hamara mann khol diya aap ke liye, jab maan kare tab aa jayen Maharashtra mein (We have opened our hearts to you, come to Maharashtra whenever you wish). You name the sector you wish to invest in, I will myself ensure you get the required support.” He added that for ease of communication with investors, the Maharashtra government will launch a web portal, ‘Your Government’ this Republic Day. The CM focused on his plans to digitise governance in the state and promoted the smart urban cities being planned in the state. Devendra-Fadnavis_20141030_1_1_2


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