The Indian Chamber of Commerce (ICC) and the Government of Maharashtra recently signed a Memorandum of Understanding (MoU) to enhance cooperation and deepen engagement between Indian businesses and the State, with a focus on investment facilitation, ease of doing business and sustained industry–government dialogue.

The MoU was signed by Dr P Anbalagan, IAS, Principal Secretary (Industry, Investment and Services), Government of Maharashtra, and Dr Rajeev Singh, Director General, ICC, in the presence of leading business representatives.

Speaking on the occasion, Dr Anbalagan said the partnership with ICC would strengthen Maharashtra’s engagement with industry and investors, while reinforcing the State’s commitment to building a facilitative and investor-friendly ecosystem. Dr Singh noted that the MoU reflects ICC’s commitment to working closely with progressive State Governments and serving as a bridge between policymakers and industry to support sustainable economic growth.

The MoU sets out a broad framework for collaboration to promote Maharashtra as a preferred investment destination and deepen institutional engagement with the Indian business community. Under the agreement, ICC and the State Government will facilitate investor interactions, policy feedback mechanisms and structured engagements to support business growth and industrial development.

As part of the collaboration, ICC will organise annual business delegations to Maharashtra to engage with senior State leadership, including the Hon’ble Chief Minister and key departments. ICC will also host ministerial and business delegations from Maharashtra at its flagship events in India and overseas to support the State’s domestic and international investment outreach, aligned with its sectoral strengths.

The MoU also envisages regular industry–government interactions to enable direct feedback on regulatory processes, infrastructure and ease of doing business initiatives. The agreement comes into effect immediately upon signing and will remain valid for an initial period of two years, subject to review and mutual consent.