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This is an archive article published on January 23, 2015

CM Devendra Fadnavis sells Nagpur to attract investments at Davos

CM Devendra Fadnavis said Nagpur has plenty of land and is rapidly evolving in the aviation industry.

Davos: Maharashtra CM Devendra Fadnavis at the Make in India Lounge on the sidelines of World Economic Forum in Davos on Wednesday. PTI Maharashtra CM Devendra Fadnavis at the Make in India Lounge on the sidelines of World Economic Forum in Davos on Wednesday. (Source: PTI)

The Chief Minister Devendra Fadnavis revealed major reforms initiated by the government will surge Maharashtra growth rate to 10 per cent. Fadnavis was speaking at the India Investment Round Table at World Economic Forum at Davos. He was sharing the dais with union finance minister Arun Jaitley and Andhra Pradesh chief minister N Chandrababu Naidu.

According to Fadnavis, “ India’s growth rate is expected 8 per cent. Maharashtra is the engine of India’s growth. Our state’s growth rate will be 10 per cent.”

Fadnavis in a statement issued by the CMO and his personal tweets said, “ I held discussions with Jean Pierre Cojan, chief, Safran of Aerospace & Defence Industry. We had a detail discussion on new Foreign Direct Investment policy in defence sector. This has open up greater opportunities for investments from foreign players.”

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Fadnavis said, “ I have invited Safran to make investments in Nagpur which is gradually expanding in aviation industry.” The chief minister assured, Nagpur should be the chosen destination as there is plenty of land available. Already we have maintenance unit of the Boeing at Nagpur.

Interesting, Nagpur happens to be the home town of Fadnavis.

Another issue which was discussed related to global food security which was high on the agenda at the session. At the summit, Fadnavis agreed Maharashtra will take forward the World Economic Forum’s initiative of creating value chain for farmers. Adopting the PPP-IAD (Integrated Agriculture Development) through public and private partnership, Maharashtra government will create value chain for one million farmers covering 14 crops.

The initiative to to provide the forum for marketing of the agriculture produce of the farmers to ensure higher renumeration. The state has promised to enhance the infrastructure that requires upgradation to make the agriculture marketing more aggressive and competitive globally.

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