Vadhavan Port: A 100-Year Growth Engine
CM Fadnavis described the Vadhavan Port as one of the world’s top 10 ports, three times larger than JNPT, capable of handling the world’s largest vessels. The first phase is expected to become operational within three years, strengthening India’s maritime and logistics capabilities for the next century.
Edu-City, Innovation City and Job Creation
Near the Navi Mumbai International Airport, integrated projects such as Edu-City, Innovation City, Sports City, Medi-City and GCC City are being developed. These projects are expected to generate nearly 3.5 million high-paying jobs, bringing transformative change to India’s economy.
Startups, AI and Future Technologies
CM Fadnavis emphasized that startups today are becoming unicorns within 3–4 years. Maharashtra, he said, is well-positioned to lead in Artificial Intelligence (AI), data, and frontier technologies. With 60 percent of India’s data center capacity located in the state, Maharashtra has become the country’s “Data Center Capital,” supported by high-quality green energy infrastructure.
MSMEs: Backbone of the Economy
Highlighting the role of Micro, Small and Medium Enterprises (MSMEs), CM Fadnavis said they are the backbone of the economy and the largest contributors to employment generation. Beyond capital, credibility and trust are critical, and Maharashtra has consistently honored its commitments, he added.
39% of India’s FDI Comes to Maharashtra
CM Fadnavis revealed that 39 percent of India’s total Foreign Direct Investment (FDI) last year flowed into Maharashtra, making it the leading state for investment. The state has implemented 15–16 progressive policies that have created a strong, reliable ecosystem for investors.
Maharashtra’s $1 Trillion Economy Vision
Speaking at the Sakal Media Group’s Global Impact Forum, CM Fadnavis said Maharashtra has maintained an average growth rate of over 10 percent in the past decade. The state is on track to become India’s first trillion-dollar economy by 2032, with an ambitious target to achieve this milestone by 2030.
Despite global geopolitical challenges, international agencies consider India a “bright spot” in the global economy, he said, adding that Maharashtra continues to sustain high growth and attract substantial investments.
WEF: A Global Investment Platform
Calling the WEF Annual Meeting a global marketplace for industries and investors, CM Fadnavis said Maharashtra showcases its strengths and capabilities at Davos every year. He expressed confidence that investment inflows this year would surpass last year’s figures, noting that Maharashtra leads the country in converting investment commitments into actual projects. Nearly 60–65 agreements have already been successfully implemented, he added.
