Having inked Memorandums of Understanding (MoUs) worth `6.11 lakh crore with investors from across the country and elsewhere in the world, Maharashtra, the hosts of "Make In India" week being held here, was sitting pretty on the third-day of the event on Monday.
Speaking at the Maharashtra Investment Summit in the "Make In India" week being held at the MMRDA grounds, Bandra-Kurla Compex (BKC), Maharashtra Chief Minister Devendra Fadnavis announced that his Government had so far signed asw many 2,436 MoUs worth `6.11 lakh crore. "The MoUs that we have signed during the last three days will help generate 28.2 lakh jobs in the state," he said.
Unveiling unveiled five new policies — retail policy, SC/ST policy, electronics policy, single window policy and port policy, at the summit, Fadnavis said that the manufacturing sector was key to the growth of Maharashtra and reiterated his government's commitment to ease of doing business.
Fadnavis said that his Government was drawing up a comprehensive seamless mobility plan to integrate the entire transport system for the Mumbai Metropolitan Region (MMR), which can attract investments of nearly `4 to 5 lakh crore over the next 5 to 10 years.
"Mumbai is the commercial, financial and entertainment capital of India. If we have to develop the megapolis as an international financial service centre, we need to create a seamless mobility transport ecosystem," Maharashtra Chief Minister Devendra Fadnavis ton Monday said at a session during the 'Make in India' Week here.
Fadnavis put a premium on the need to integrate all the modes of transport, including roads, bridges, bus, metro rail, railway and monorail, to achieve seamless mobility. "Earlier, we used to think about from where we will source funds for developing infrastructure. But today, we are at a position that the world wants to invest in our projects," he said.
Among the major MoUs signed on the third day of the event were with Automobile major Mahindra & Mahindra, Mercedes Benz, Rashtriaya Chemicals and Fertilizers (RCF) and JSW Jaigad Port. The State Government had signed three MoUs worth investments over `21,400 crore on the first day of "Make In India" week on Saturday.
While Automobile major Mahindra & Mahindra announced `6,500 crore investment in its Nashik plant and `1,500 crore in Chakan, Mercedes Benz will invest `2,000 crore in Chakan. The RCF has announced `5,415 crore expansion at its Thal plant in Raigad, while JSW Jaigad port proposes to invest `6,000 crore. Godrej & Boyce, Sudarshan Chemicals, K Raheja Construction and Uttam Galva have also announced major investment plans.
Union Minister for Shipping, Highways & Road Transport Nitin Gadkari announced that `3,0o,ooo crore investment would be made in the infrastructure sector covering road and port sector in the country.
Gadkari said the new greenfield port at Wadhawan near Dahanu would be completed in three years. He said the length of National Highway in Maharashtra had increased three folds to 22,442 km.