Maharashtra Working With 360-degree Approach on Investments: CM Devendra Fadnavis

Davos: Maharashtra has adopted a 360-degree approach in attracting investments with several focus sectors ranging from manufacturing to technology to data centres to healthcare to clean energy. According to PTI,  Chief Minister Devendra Fadnavis, who arrived in this ski resort town to attend the World Economic Forum Annual Meeting, said he has several meetings lined up with potential for fruitful results regarding investments in his state. 

"I started my Davos visit with a meeting with World Economic Forum Founder and Chairman Klaus Schwab, where we discussed collaboration between WEF and Maharashtra," he said. "We also discussed clean energy, electric vehicles and several other new-age industries. I'm holding several bilateral meetings here, including for potential investments in Maharashtra," he added.

Fadnavis also inaugurated the Maharashtra pavilion, which will host several potential and existing investors in the state. He was also present for the inauguration of one of the two Indian pavilions here. "I am expecting very busy days ahead, but also very fruitful meetings are lined up through the WEF week here," he said. 

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Maharashtra's 360-Degree Investment Strategy in Davos

Asked about focus sectors for potential investments in Maharashtra, Fadnavis said, "I believe manufacturing is one focus area, while technology, data centres, and there are several other focus areas where we are expecting investments. I can say that we are here with 360-degree focus areas when it comes to investments."

Maharashtra CM Engages Global Leaders to Drive State’s Tech, Logistics, and Innovation Growth

Among other business leaders, he met Cognizant CEO Ravi Kumar S and emphasised setting up offices of the company in Nagpur, Nashik, and Chhatrapati Sambhaji Nagar, along with plans for creating a Medicity, Sportscity, and Maharashtra's strength to be the gateway for foreign universities in India. The chief minister said the discussion also centred on transitioning beyond tech into sectors like fintech. The Cognizant chief expressed a keen interest in expanding the company's presence in Maharashtra during the meeting, attended by the minister of state Uday Samant. Fadnavis also met AP Moller-Maersk CEO Vincent Clerc and discussed Maharashtra’s logistics future and the transformation of Vadhavan port into a global transhipment hub. 

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While asserting that his government was on track to revolutionise India's port capacity, the CM said Maersk’s expertise in port operations and energy transition can immensely contribute to this globally game-changing hub. In his meeting with KPMG India CEO Yezdi Nagporewalla, Fadnavis discussed areas like skilling, the clean India programme, digitisation, the Maharashtra innovation hub and 'MahaCyber,' India's first and most advanced cyber analytics & policing initiative. The chief minister said he would take input and ideas from multiple corporates for Innovation City at Navi Mumbai.