(Image source from: x.com/Dev_Fadnavis)
During the World Economic Forum Annual Meeting in Davos, the Maharashtra Chief Minister Devendra Fadnavis announced that the state has signed agreements worth nearly Rs 16 lakh crore. These agreements, across various sectors, are intended to boost Maharashtra's economic growth and help it achieve a $1 trillion economy. Fadnavis emphasized that for India to reach its $5 trillion economy target, Maharashtra must contribute by reaching the $1 trillion milestone by 2030. The recently signed agreements are expected to play a crucial role in this journey by bringing significant investments and creating job opportunities throughout the state. Fadnavis attributed the record-breaking investment commitments to policy continuity at the central and state levels, as well as the trust in Prime Minister Narendra Modi's leadership. The Chief Minister assured that the state government will closely monitor the progress of these agreements to ensure their successful implementation and conversion into actual investments, in order to maximize the economic benefits for the state and its citizens.
The text emphasizes the importance of collective growth across all Indian states for the country's overall development. Telangana's minister expressed confidence in his state reaching the $1 trillion milestone. Kerala's minister shared plans to host an investment summit to attract global investors, marking the state's first participation at Davos. Tamil Nadu's minister highlighted India's position as a global knowledge hub and suggested hosting events like the World Economic Forum in Indian cities. This year's Davos saw a significant milestone, with leaders from the central government and various states coming together under two Indian pavilions. The proposal was made for a single unified pavilion to represent the entire country in future editions. The Civil Aviation Minister praised the balanced representation of experienced leaders and young talent from India at the event, crediting Prime Minister Modi. Maharashtra's investment drive and India's unified approach at Davos signify a strong commitment to economic growth and global collaboration.