With trillion-dollar promise, CM leaves for WEF meeting

Hopes to woo global and Indian investors to steer Maharashtra’s industrial growth

January 22, 2018 12:26 am | Updated 12:26 am IST

Mumbai: In a bid to attract investments in the State, Chief Minister Devendra Fadnavis on Sunday left for Davos, Switzerland, to attend the 48th World Economic Forum annual meeting from January 23 to January 26. He was part of a delegation of union ministers and officials led by Prime Minister Narendra Modi.

Mr. Fadnavis is expected to meet global and Indian business leaders to secure their participation in the State’s industrial growth, and invite them for the global investment summit, Magnetic Maharashtra: Convergence 2018.

The list of people he will meet includes Lakshmi N. Mittal, chairman and CEO, Arcelor Mittal, Juergen Voegele, senior director, World Bank, Mark Machin, president and CEO, Canada Pension Plan Investment Board, Roger Carr, chairman, BAE Systems, Yusuff Ali, CMD, Lulu Group, Gilbert F. Houngbo, president, International Fund for Agricultural Development, and Cedrick Neike, member, managing board, Siemens AG.

He will also be part of several panels such as the Stewardship Board Meeting on Food Security and Agriculture, and Post COP21 Cities.

Mr. Fadnavis said the government plans to showcase its journey towards creating a trillion-dollar economy, at the WEF. “In the last couple of years, Maharashtra has achieved a new trajectory in bolstering the industrial output. This is evident in reports released by financial bodies that place the State ahead in ease of doing business and also in statistics such as 50% of infrastructural development of India being clocked in Maharashtra,” he said.

The CM said the government’s vision is infrastructure-led development that can open doors to other sectors. “This government is committed to building a future-ready State that features consistently in top destinations of the world for industrial innovation and smart manufacturing.”

This is the second time Mr. Fadnavis will be visiting the WEF. He will be accompanied by a high-level delegation from the State, which includes Praveen Pardeshi, additional chief secretary, Chief Minister’s office, Sanjay Sethi, CEO, Maharashtra Industrial Development Corporation, and Bhushan Gagrani, MD, CIDCO.

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