Maharashtra: India's Gateway for Foreign Investment, CM Fadnavis Confident at WEF Davos

• Chief Minister Devendra Fadnavis, at WEF Davos, expressed confidence that Maharashtra will attract significant investment, building on India's development journey under PM Modi.
• Maharashtra leads in attracting FDI, securing 39% of India's total last year, attributed to 15-16 robust state policies creating a reliable investor ecosystem.
• The state aims to become a trillion-dollar economy by 2030, maintaining over 10% growth despite global challenges, and is a 'bright spot' in the global economy.
• Maharashtra boasts a 75-80% conversion rate for Davos MoUs, significantly higher than the national average, supported by a dedicated tracking mechanism and 'war room'.
• The state is developing an 'Edu-City', 'Innovation City', and 'Vadhavan Port', aiming to create 35 lakh high-paying jobs and strengthen India's maritime capabilities.

Why It Matters: Maharashtra is poised to be India's primary investment gateway, targeting a trillion-dollar economy by 2030 with strong FDI and high MoU conversion rates.