Maharashtra To Develop Steel Ecosystem Across Various Districts: Industry Minister

Mumbai, Jul 9 (KNN) Maharashtra Industries Minister Uday Samant announced plans to transform Gadchiroli into a major industrial hub through a Rs 1 lakh crore steel project during a state legislature session on Monday. 

The minister outlined the initiative while responding to a resolution under Rule 293, stating that the project will establish a comprehensive steel industry ecosystem spanning across Chandrapur, Gondia, and Bhandara districts.

The state has demonstrated strong performance in implementing agreements signed during the World Economic Forum at Davos, with Samant claiming Maharashtra executes 85 per cent to 87 per cent of its commitments, surpassing other states in the country. 

This implementation rate reflects the state's commitment to translating international agreements into tangible industrial development.

Over the past three years, Maharashtra has witnessed increased foreign direct investment, resulting in the creation of 62,000 new entrepreneurs under the Chief Minister's Employment Generation Programme. 

According to Samant, this industrial momentum demonstrates the state's pro-business climate and balanced development policy approach.

Beyond the Gadchiroli project, the minister highlighted significant investments across other districts, including Rs 60,000 crore allocated for Chhatrapati Sambhajinagar and Rs 30,000 crore for Ratnagiri district. 

The state has established the District Industry Council initiative to provide localised support for investors, facilitating smoother business operations and development processes.

Maharashtra attracted Rs 1.45 lakh crore in new investments this year, positioning the state as a preferred destination for industrial development. 

The government has also achieved recognition among the top three states nationwide in implementing the Vishwakarma Yojana, a skill-based livelihood initiative designed to enhance workforce capabilities.

The state has launched the ‘Madache Gaav’ (Honey Village) programme to support rural micro-enterprises, demonstrating commitment to inclusive development across urban and rural areas. 

This initiative aims to strengthen rural economic activities while contributing to the overall industrial ecosystem.

To accommodate industrial expansion, the government is acquiring thousands of acres for new industrial estates. 

Key infrastructure projects include the Auric City project in Chhatrapati Sambhajinagar, the Mhaswad Industrial Corridor, and the Dighi Port Corridor, all designed to enhance Maharashtra's manufacturing capacity and export potential.

Minister Samant emphasised the government's commitment to strengthening the state's industrial foundation, stating that the administration aims to provide entrepreneurs with the confidence and support necessary for business growth and success.

(KNN Bureau)