Maharashtra Chief Minister Devendra Fadnavis has said Maharashtra has emerged as India’s gateway for foreign investment and will keep on attracting large investments across regions and sectors. Speaking at the Maharashtra Pavilion on the sidelines of the World Economic Forum (WEF) annual meeting in Davos, Fadnavis noted that the state’s credibility and strong execution record have strengthened global investor confidence.

Chief Minister Devendra Fadnavis and Industries Minister Dr Uday Samant, along with the delegation, have arrived in Davos for the annual meeting of the World Economic Forum. The Chief Minister further said that because Maharashtra is trustworthy, many entrepreneurs and investors around the world have increased their trust in Maharashtra.

He added that Prime Minister Narendra Modi has created the background and an ecosystem for the journey of a developed India. On that basis, a huge amount of investment will come to Maharashtra this year as well. He said Maharashtra has maintained an average growth rate of more than 10 per cent in the last decade; the state could become the country’s first trillion-dollar economy by 2032.