The visit is significant as Fadnavis will interact with global investors to promote Maharashtra as the most-favoured destination for business in India. According to CMO, MoUs will be signed in data centre , automobile, semiconductor, EV, electronics, steel, food processing, textiles, medical and infrastructure sector projects.
The emphasis is on global investments to boost key sectors through mega projects which would also help generate employment. All these initiatives are part of the commitment towards holistic growth and development of Maharashtra.
While pushing development model, utmost care had been taken to ensure regional balance. The growth and development will not restrict to any one region. On the contrary, backward regions will get equal opportunities, he said. In this backdrop, the challenges before Fadnavis to deliver results in terms of economic growth and tackling employment have multiplied. With a five year-term till , Fadnavis, who is heading a coalition government, reckons economic development is integral for overall socio-political balance and progress in Maharashtra.
After completing his first term in , Fadnavis was vying for a second term. Thackeray became the chief minister, however, two-and-half years later, the government was dislodged by BJP-led Mahayuti government in Maharashtra. The political instability in the past five years with change of governments coupled with the COVID pandemic for two years affected the state economic plan to some extent, a senior officer said.
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