Our govt is committed to provide business to both medium and small enterprises: Fadnavis
Updated: Jun 30, 2015 04:03:09pm
New York, June 30 (KNN) Inviting US businesses to invest in Maharashtra, state chief minister Devendra Fadnavis said his government is committed to providing a boost to both 'Make in India' and 'Make in Maharashtra' campaigns, provide business to both medium and small enterprises and create much-needed jobs.
Speaking with American industry executives at a meeting of the US-India Business Council (USBC) here on Monday, Fadnavis said: "The government has taken a variety of measures to promote ease of doing business in the state and we want to be viewed as a top destination for both domestic as well as international investments."
Fadnavis, currently on a visit to the US, invited American investments in the infrastructure, agro-processing and manufacturing sectors of his state.
He met investors, political leaders and community organisations here, inviting investments and expertise across sectors in his state.
"Now is the right time to invest in Maharashtra. It is a land of immense opportunity. I assure you that once you decide to come...we will do everything for you. Our government has decided no more red tape but red carpet," for investors and the business community, he said.
The Chief Minister said his government has taken various steps over the past few months to ensure ease of doing business in the state, including reducing the number of permissions required to set up industries.
"We are trying to bring all permissions on a single IT platform" and many permissions will be put on an automated route, he said, adding that the government is also trying to make the business environment hassle-free.
Meanwhile, the chief minister’s office (CMO), said on the micro-blogging site twitter that, “CM interacted with US Industry executives from the U.S.-India Business Council in New York.”
CM emphasized on investment opportunities in Maharashtra with number of reforms to promote ease of doing business, CMO said adding “State eagerly awaits formation of JVs in imp projects such as DMIC, Smart Cities, manufacturing, agriculture, aviation, engg & IT.”
CMO further tweeted, “Companies like Taj Hotels,HSBC, Caterpillar, Cargill, Johnson & Johnson, KPMG, Baker & McKenzie, Cit, New Silk Route & Pfizer were present at the meet.
CMO said Operations & Technology Head of Citibank P Jagdish Rao met Fadnavis and assured employment generation of4000.
Fadnavis said, “Big news! Investment of around Rs 4500 Cr & jobs upto approx 50000 to be generated. Results of new IT policy being shown within a week itself!”
He also informed about the MoU signed between Government of Maharashtra and Blackstone and Panchshil Joint Venture SPV for three different projects.
He further said that Blackstone will invest Rs750 Cr in EON Free Zone SEZ, Rs 1200 Cr in Hinjewadi Phase-3, Rs1500 Cr in IT Park in Central Mumbai and Rs1050 cr in other IT park (Mumbai). Further, he said Coca Cola has announced Rs 500 Cr investment at Lote Parshuram in Chiplun MIDC Maharashtra. (KNN Bureau)
Speaking with American industry executives at a meeting of the US-India Business Council (USBC) here on Monday, Fadnavis said: "The government has taken a variety of measures to promote ease of doing business in the state and we want to be viewed as a top destination for both domestic as well as international investments."
Fadnavis, currently on a visit to the US, invited American investments in the infrastructure, agro-processing and manufacturing sectors of his state.
He met investors, political leaders and community organisations here, inviting investments and expertise across sectors in his state.
"Now is the right time to invest in Maharashtra. It is a land of immense opportunity. I assure you that once you decide to come...we will do everything for you. Our government has decided no more red tape but red carpet," for investors and the business community, he said.
The Chief Minister said his government has taken various steps over the past few months to ensure ease of doing business in the state, including reducing the number of permissions required to set up industries.
"We are trying to bring all permissions on a single IT platform" and many permissions will be put on an automated route, he said, adding that the government is also trying to make the business environment hassle-free.
Meanwhile, the chief minister’s office (CMO), said on the micro-blogging site twitter that, “CM interacted with US Industry executives from the U.S.-India Business Council in New York.”
CM emphasized on investment opportunities in Maharashtra with number of reforms to promote ease of doing business, CMO said adding “State eagerly awaits formation of JVs in imp projects such as DMIC, Smart Cities, manufacturing, agriculture, aviation, engg & IT.”
CMO further tweeted, “Companies like Taj Hotels,HSBC, Caterpillar, Cargill, Johnson & Johnson, KPMG, Baker & McKenzie, Cit, New Silk Route & Pfizer were present at the meet.
CMO said Operations & Technology Head of Citibank P Jagdish Rao met Fadnavis and assured employment generation of4000.
Fadnavis said, “Big news! Investment of around Rs 4500 Cr & jobs upto approx 50000 to be generated. Results of new IT policy being shown within a week itself!”
He also informed about the MoU signed between Government of Maharashtra and Blackstone and Panchshil Joint Venture SPV for three different projects.
He further said that Blackstone will invest Rs750 Cr in EON Free Zone SEZ, Rs 1200 Cr in Hinjewadi Phase-3, Rs1500 Cr in IT Park in Central Mumbai and Rs1050 cr in other IT park (Mumbai). Further, he said Coca Cola has announced Rs 500 Cr investment at Lote Parshuram in Chiplun MIDC Maharashtra. (KNN Bureau)
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