In
the financial year 2024-25, Maharashtra has attracted a record foreign direct
investment of Rs 1,64,875 crore. Maharashtra has once again topped the country
in foreign direct investment. This has proved that foreign investors have shown
tremendous faith in the decisions and policies of the Mahayuti government in
the last 3 years. In the financial year 2024-25, India attracted the foreign
direct investment of Rs 4,21,929 crore. 40 percent of this investment has been
made in Maharashtra. There has been as much as 32 percent rise in investment
compared to the last year.
Out of this an investment of Rs 25,441
crore has been made in Maharashtra in the last quarter i.e January to March
2025. Maharashtra has set a new record of the highest foreign investment in the
last 10 years. This is the proud moment in the tenure of Chief Minister
Devendra Fadnavis. Since 2014, the state is moving rapidly towards its aim of
‘developed Maharsahtra’ under the leadership of Devendra Fadnavis. The
foundation for all-round development of Maharashtra was laid during the five
year period from 2014 to 2019. Projects like Metro, Samruddhi Mahamarg, river
linking project, Jalyukt Shivar showcase the vision of prosperous development
of the state.
Projects worth Rs 1,48,380 crore have
been started for 337 km long metro in the Mumbai Metropolitan Region (MMRDA)
alone. Multiple projects like Navi Mumbai Airport costing Rs 19,600 crore,
Vadhavan Port project costing Rs 76,220 crore, Atal Setu and Coastal Road have
been underway in the state since 2014. Fadnavis government has taken many
decisions considering the future needs of the state. Fadnavis government has
shown a futuristic vision of development through projects like solar energy
subsidy scheme for rooftop solar energy use, construction of 1500 km long new
roads across the state, Mumbai-Nagpur Samruddhi Mahamarg, Shaktipeeth Mahamarg,
Nar-Par-Girna river linking project, Wainganga-Nalganga river linking project.
Uddhav Thackeray betrayed BJP and formed
the Maha Vikas Agadhi in 2019. Over a period of next two and half years, i.e
till July 2022, Uddhav Thackeray kept no stone unturned in showing his
anti-development face and his poisonous hatred for BJP by suspending many
development schemes launched by Devendra Fadnavis. The two and half year rule
of Uddhav Thackeray government took Maharashtra 20 years back in terms of
development.
The Mahayuti government of BJP-Shiv Sena
under the leadership of Eknath Shinde came to power in July 2022 and the
development of the state regained pace. Projects like Airbus, Foxconn moved out
of Maharashtra because of Uddhav Thackeray’s inaction only. This same inaction
of Uddhav Thackeray was the reason behind Vedanta semiconductor project also
moving out of Maharashtra.
During the two and half years of Uddhav
Thackeray’s rule the development schemes launched during Fadnavis government
were suspended one after the other. Uddhav Thackeray’s decision to stop the
crucial project like Mumbai Metro was driven by his revenge mentality. Devendra
Fadnavis was trying to start the Tata Airbus project in Nagpur since 2017.
Uddhav Thackeray did not do the required follow up for investment projects
after becoming Chief Minister. Uddhav Thackeray, who himself was running the
state from home via Facebook live, had launched a propaganda campaign against
the Mahayuti government. But the people of the state gave a fitting reply to
this campaign in the assembly elections.
The Mahayuti government has set an
example of what happens when the government speedily provides necessary
facilities to investors. Investors trust a government that provides them with
facilities like land, water, electricity along with required licenses swiftly.
Prime Minister Narendra Modi has proved his determination by making the country
a fifth largest economy. Prime Minister Modi has dreamt of making the country’s
economy a five billion trillion economy.
Chief Minister Devendra Fadnavis is
working relentlessly, so that Maharashtra contributes in realizing this dream
of Prime Minister Modi. The Prime Minister has set a goal to realize this dream
by 2027. Chief Minister Fadnavis has created a favourable environment for
investment by implementing industry-friendly policies. We are witnessing this
record foreign direct investment as an effect of this. There is absolutely no
doubt that this development juggernaut of Maharashtra will be unstoppable now.
(Article
Pre-Published in Times of India Online – 02 June,
2025)
Keshav
Upadhye, Chief Spokesperson
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