Maharashtra Chief Minister Devendra Fadnavis expressed optimism about Tesla entering India, stating that Maharashtra would be the ideal destination for the electric vehicle giant.
“We also hope Tesla to come. If they ask us, then we will say the best case is Maharashtra for investment,” Fadnavis said.
He also highlighted the state’s rapid industrial transformation, emphasizing Navi Mumbai’s emergence as a hub for advanced manufacturing. “You will see Industry 4.0 in Navi Mumbai,” he added.
While acknowledging competition among Indian states for investment, Fadnavis maintained a broad national perspective. “If Gujarat develops, then I am happy. If Karnataka develops, then also I am happy. After all, investment is coming into India,” he said.
However, he noted Maharashtra’s dominance in attracting foreign direct investment (FDI), stating, “Maharashtra received three times more FDI than Gujarat.”
Reiterating the state's economic vision, Fadnavis said Maharashtra remains committed to becoming a $1 trillion economy by 2030. “In 2016-17, we mooted the idea of a $1 trillion economy. Maharashtra is the only state that has successfully chased the half-trillion mark.”
He further said that the state’s leadership in fintech and data industries. “Maharashtra is the de facto fintech and data capital. NPCI is setting up its global headquarters in BKC, strengthening Mumbai’s position as a financial hub,” he noted.
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