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CM to market State at Davos meet

india Updated: Jan 13, 2007 01:24 IST
Highlight Story

Over breakfast on January 24, Chief Minister Vilasrao Deshmukh plans to give Mumbai a global spin.

Mumbai as the potential Asian financial hub will be part of the hardsell when a state delegation led by him hosts the breakfast session on the opening day of the World Economic Forum annual meeting in Davos, Switzerland, on January 24-28.

Deshmukh will make a presentation — “Maharashtra Means Business” — to make a case for investment. In the audience will be leaders from business, politics, academia and the media. The state’s industrial growth, especially opportunities the booming service sector offers global players, will top Deshmukh’s agenda.

“We have received investment proposals worth Rs 34,000 crore. This is the perfect time to showcase Maharashtra’s potential as the world’s favourite investment destination,” said Chief Secretary D.K. Sankaran.

The state would seek investment especially in 75 special economic zones, Nagpur air cargo hub, information technology parks and the automobile sector, he added.

The ambitious multi-utility cargo hub in Nagpur is expected to be next hot thing on the state's marketing agenda as over hundred world class companies will be attending the forum. Aviation major Boeing is constructing its overhauling and maintenance depot in Nagpur while its counterpart Airbus is keen in setting its shop too. Singaporean firms are developing cargo hub's infrastructure.

The World Economic Forum is an independent international organisation committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. The Maharashtra government received the invitation at the India Economic Forum held in New Delhi last year.

This year's theme is 'Shaping the global agenda: The Shifting Power Equation' and the issues like Economics (New drivers), Geopolitics (The Need for Fresh Mandates), Technology and Society (Identity, Community and Networks) and Business (Leading in a Connected World) would be discussed at length.

Sankaran, Jairath, Managing Director of Maharashtra Industrial Development Corporation Rajeev Jalota and Confederation of Indian Industries delegation will accompany Deshmukh.

Maharashtra Means Business

The State's growth in industry and service sector and the opportunities it offers to the global players will top CM's agenda. He will highlight the theme "Maharashtra Means Business" in his two-day interaction with delegates.

The state's growing automobile sector will also be on display. The multi-nationals Toyota, DaimlerChrysler, Ford, General Motors, Renault and Volkswagen have presence in the state.

State's 0ver 75 SEZs will be marketed at the forum. The state has already attracted a massive Rs 35,000 cr investment proposal in last one year

IT parks will be another selling point for CM visit. The state has achieved greater success in information technology setting up several IT parks

Multi-utility cargo hub in Nagpur is hot thing on the state's marketing agenda as over hundred world class companies will be attending the forum. Aviation major Boeing is constructing its overhauling and maintenance depot in Nagpur while Airbus is also keen

The country's financial hub Mumbai's plus points as business capital will also come to fore. The efforts to transform the city into world class centre will be highlighted.

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