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Maharashtra Charts Path to $1 Trillion Economy by 2030 with $100B Infrastructure Drive

Record Rs 16 lakh crore in Davos commitments underscores investor confidence in Maharashtra’s infrastructure expansion, industrial diversification, new ports, transport corridors

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Overview

  • Chief Minister Devendra Fadnavis secured over Rs 16 lakh crore in investments at the World Economic Forum in Davos, setting a new record for the state’s foreign inflows
  • The government has committed $100 billion to projects including Vadhavan Port expansion, the Nagpur-Goa Expressway, new airports, Mumbai Metro extensions and Coastal Road links
  • The Vadhavan Port region in Palghar is being developed as “Fourth Mumbai,” featuring India’s largest port, a new international airport, a planned bullet train extension and multi-theme urban districts
  • Industrial growth is spreading beyond Mumbai and Pune to emerging hubs in Chhatrapati Sambhajinagar, Gadchiroli, Nashik and Raigad through EV manufacturing, steel plants and integrated townships
  • By 2026 the state will offer free daytime solar power to farmers and enhance water security and agri-technology to boost rural productivity