Devendra Fadnavis hailed the Maha as the force behind India’s growth
ECONOMY & POLICY

Devendra Fadnavis hailed the Maha as the force behind India’s growth

Maharashtra Chief Minister Devendra Fadnavis praised the state as the driving force behind India’s economic growth, expressing confidence that Maharashtra could soon become the first trillion-dollar sub-economy in the country. Speaking at the CNBC-TV18 India Business Leader Awards (IBLA) in Mumbai, Fadnavis highlighted Maharashtra's role as a business powerhouse and a key player in India's economic landscape, stating, "We are back and we are back with a bang."

The Chief Minister thanked the people of Maharashtra for their overwhelming support in the recent state elections. He described the mandate won by the Mahayuti coalition as "unprecedented" and expressed gratitude for the responsibility given to his government to propel the state to greater economic heights. Reflecting on the election results, Fadnavis acknowledged that the massive victory had come as a surprise, attributing it to the success of the government's initiatives and promises fulfilled. He further mentioned that Maharashtra had followed Prime Minister Narendra Modi’s message, “ek hai toh safe hai,” which had worked like magic during the elections.

Fadnavis expressed optimism about Maharashtra's economic future, pointing out that the state had already secured 52% of India’s total Foreign Direct Investment (FDI) in the first half of the fiscal year. He also noted that while Karnataka had overtaken Maharashtra when the BJP lost its government in the state, Maharashtra’s advantages, such as Mumbai being the country’s financial hub, set it apart from other states like Gujarat.

The Chief Minister spoke about the development of a new business district near Navi Mumbai, which he referred to as "third Mumbai," a zone three times the size of the current Mumbai. He called it "the next business capital of India" and emphasized that the government is working to make the state more business-friendly and hassle-free for investors. He also mentioned significant infrastructure projects underway in Maharashtra, including the Vadhavan port, which he described as one of the largest ports in India and set to transform the maritime economy. Fadnavis added that Prime Minister Modi had announced plans to build a third airport at the Vadhavan port, further strengthening Maharashtra’s strategic infrastructure.

The Chief Minister concluded his remarks by expressing confidence that Maharashtra was on track for a record year in FDI, signaling the beginning of a new era of growth and prosperity. His vision for Maharashtra underlined the state's immense potential and its strategic focus on business expansion and infrastructure development.

Maharashtra Chief Minister Devendra Fadnavis praised the state as the driving force behind India’s economic growth, expressing confidence that Maharashtra could soon become the first trillion-dollar sub-economy in the country. Speaking at the CNBC-TV18 India Business Leader Awards (IBLA) in Mumbai, Fadnavis highlighted Maharashtra's role as a business powerhouse and a key player in India's economic landscape, stating, We are back and we are back with a bang. The Chief Minister thanked the people of Maharashtra for their overwhelming support in the recent state elections. He described the mandate won by the Mahayuti coalition as unprecedented and expressed gratitude for the responsibility given to his government to propel the state to greater economic heights. Reflecting on the election results, Fadnavis acknowledged that the massive victory had come as a surprise, attributing it to the success of the government's initiatives and promises fulfilled. He further mentioned that Maharashtra had followed Prime Minister Narendra Modi’s message, “ek hai toh safe hai,” which had worked like magic during the elections. Fadnavis expressed optimism about Maharashtra's economic future, pointing out that the state had already secured 52% of India’s total Foreign Direct Investment (FDI) in the first half of the fiscal year. He also noted that while Karnataka had overtaken Maharashtra when the BJP lost its government in the state, Maharashtra’s advantages, such as Mumbai being the country’s financial hub, set it apart from other states like Gujarat. The Chief Minister spoke about the development of a new business district near Navi Mumbai, which he referred to as third Mumbai, a zone three times the size of the current Mumbai. He called it the next business capital of India and emphasized that the government is working to make the state more business-friendly and hassle-free for investors. He also mentioned significant infrastructure projects underway in Maharashtra, including the Vadhavan port, which he described as one of the largest ports in India and set to transform the maritime economy. Fadnavis added that Prime Minister Modi had announced plans to build a third airport at the Vadhavan port, further strengthening Maharashtra’s strategic infrastructure. The Chief Minister concluded his remarks by expressing confidence that Maharashtra was on track for a record year in FDI, signaling the beginning of a new era of growth and prosperity. His vision for Maharashtra underlined the state's immense potential and its strategic focus on business expansion and infrastructure development.

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Next Story
Equipment

Company showcases North America-certified machinery and secures new deals

Zoomlion Heavy Industry Science & Technology Co., recently showcased a wide portfolio of North America-certified and customised construction equipment at CONEXPO-CON/AGG 2026 in Las Vegas. The display included engineering hoisting machinery, concrete equipment, earthmoving machinery, mining equipment and construction hoisting solutions tailored to regional operational requirements.All equipment presented at the exhibition complies with North American certification standards, with several models specifically developed to meet local regulatory requirements and site conditions. One of the hig..

Next Story
Technology

Sinoboom Launches Dual-ETM Smart Technology

Sinoboom recently introduced its Dual-ETM Smart Technology at CONEXPO-CON/AGG 2026, designed to enhance battery endurance and operational efficiency in electric boom lifts.The new technology integrates advanced components that enable real-time optimisation of power usage during equipment operation. By calculating the precise power requirement instantly, the system delivers only the energy needed for each movement, reducing the inefficiencies associated with conventional maximum-demand power systems.The solution incorporates multiple sensors—including pressure, weight, length and level sensor..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement