At the Magnetic Maharashtra event on 25th June, the Maharashtra government signed two MoUs with Nasscom to boost industrial development across the state. One MoU was between the state government and Nasscom, and the other was between MSSIDC and the Nasscom Foundation, focusing on expanding industry opportunities.

Chief Minister Devendra Fadnavis said Maharashtra aims to lead India’s growth journey, highlighting key projects and regional transformations:

• Gadchiroli is emerging as a major steel hub, aiming to produce one-third of India’s steel.

• Amravati is building a full value chain from cotton to fashion.

• Chhatrapati Sambhajinagar is set to be the EV capital of India.

• Nashik is emerging as a magnet for defence manufacturing.

Fadnavis also noted:

• Maharashtra contributes 14% to India’s GDP and gets 31% of total FDI.

• It’s home to the most MSMEs and 25% of Indian startups.

• Big infrastructure projects, such as Pune’s new airport and Vadhwan port, will drive future growth.

• By 2030, Maharashtra aims to double its power generation, with 52% of the total coming from green energy sources.

Deputy CM Eknath Shinde said Maharashtra secured Rs 15 lakh crore in investments from Davos this year. He stressed that industrial growth is spreading beyond Mumbai and Pune to all parts of the state.

Industry Minister Uday Samant stated that even regions like Gadhchiroli and Ratnagiri are being transformed into industrial zones, with major investments already underway.

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