Mega Summit ‘Magnetic Maharashtra: Convergence 2018’ to display achievements in key sectors

NewsBharati    07-Jan-2018
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Mumbai, January 7: Global Investors Summit titled ‘Magnetic Maharashtra: Convergence 2018’, set to highlight key areas like industries, infrastructure, textile and food processing, defence manufacturing and electronics etc. Chief Minister Devendra Fadnavis unveiled official logo and website for the same which entails plans the state government has for the mega global investors’ summit. 

Prime Minister Narendra Modi will inaugurate a global investors’ summit titled ‘Magnetic Maharashtra: Convergence 2018’ in Mumbai on February 18. This will also mark the first investors’ summit convened by the state government in the last three years. In 2016, Maharashtra played host to Make in India, which was also held in Mumbai.

The three-day conclave is being organised by the state government to project its “achievements” in core sectors and further tap global investors. The key areas identified include industries, infrastructure, textile and food processing, defence manufacturing and electronics, among others. Several industrialists and companies participated in the curtain raiser for Magnetic Maharashtra.

 
 

“The political climate in Maharashtra is conducive for global investments and economic growth. The law and order situation is fine,” CM Fadnavis said. While stating that the captains of industries who are operating from Maharashtra know the ground realities, he said, “I believe the strength of Maharashtra is its people.”

“The larger objective of this summit is to consolidate our gains attained in core sectors to the next level,” he said.

The state has Rs 5.96 lakh Crore worth of infrastructure projects. Besides, the state accounts for 45% of the country’s FDI.

Referring to the Make in India conclave, CM Fadnavis said, “All the projections made during the Make in India for Maharashtra have been realized and we have clocked huge success in terms of investments and employment.”