Contact me directly for investing in Maharashtra: Fadnavis | india | Hindustan Times
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Contact me directly for investing in Maharashtra: Fadnavis

Chief minister Devendra Fadnavis on Friday tried to hardsell Maharashtra as an industrial and investment destination, at the 13th Pravasi Bharatiya Divas celebration at Ahmedabad.

india Updated: Jan 09, 2015 22:19 IST
HT Correspondent

Chief minister Devendra Fadnavis on Friday tried to hardsell Maharashtra as an industrial and investment destination, at the 13th Pravasi Bharatiya Divas celebration at Ahmedabad, which marked the 100th anniversary of Mahatma Gandhi’s return to India from South Africa.

“I am telling you directly, if you want to invest in Maharashtra, don’t go anywhere, come straight to the CM. I will ensure it gets done,” said Fadnavis, in his message to the non-resident Indian investors.

In his 10-minute address, Fadnavis pitched the state as the number one investment destination and himself as the true inheritor of Prime Minister Narendra Modi’s industry-friendly legacy.

Talking about the state’s focus on the ease in doing business, Fadnavis said his government had brought down the permissions required for industrial investment from 76, which are spread over two years, to just 25 that can be obtained using a single IT platform within two months.

“CEAT had come to us with an investment proposal, we gave them the land allotment the afternoon they met us, with all clearances in 25 days. On 26th day, the bhoomipujan for the Rs1,600-crore project was carried out. We are fast-tracking projects and transforming the state,” said Fadnavis.

The chief minister spoke of unlimited opportunities to invest in the state, starting with Rs1lakh crore investments slated in the coming years in just big-ticket infrastructure projects such as Navi Mumbai airport, Mumbai Metro to create 6 to 7 smart cities and proposed 11 lakh affordable homes.

While Maharashtra is considered to be the front-runner for the tag of the most industrialised state over the past few years, neighbouring states have been aggressively competing with it for the slot. Comparisons with Gujarat, especially during Modi’s regime, have been sharp.

Placing Maharashtra at the centre of the country’s future growth, he pointed out if India had to grow at 8%, Maharashtra would have to grow at more than 10%. Currently, the state contributes 14% to the country’s GDP.