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DNA EXCLUSIVE: Maharashtra govt to set up two councils to promote global investments and exports

Maharashtra has already received investment proposals worth Rs 8 crore in the Make In India week held in 2016 and another Rs 12 lakh crore in Make In Maharashtra summit held in 2018.

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Maharashtra government will establish state export promotion council and global investment promotion council. These initiatives are in addition to slew of incentives being proposed to attract domestic and foreign direct investments and thereby retain Maharashtra's pre-eminence in this regard.

State industries department officer told DNA,'' The government in its new industrial policy has identified few thrust sectors including MSMEs, IT and ITES, bio tech, medical and diagnosis manufacturing, aerospace and defence, green energy biofuel manufacturing, nuclear power plant equipment manufacturing, logistics and warehousing, and textile machinery manufacturing. The government hopes to attract investment in these sectors. The government is of the view that setting up of state export promotion council will encourage exports from various sectors and thereby develop Maharashtra as leading export hub.'' He informed that the global investment promotion council will play a crucial role in coordinating with the consulates and office of high commissioners of various countries seeking investments.

Maharashtra has already received investment proposals worth Rs 8 crore in the Make In India week held in 2016 and another Rs 12 lakh crore in Make In Maharashtra summit held in 2018.

''The Maharashtra Export Promotion Council will act as a common platform to build awareness towards competitiveness and do incentivizing for export growth. The activities will not be limited to inviting global and domestic interested stakeholders but prepare roadmap of export promotion for next 20 years and interact with government agencies and international communities,'' said the officer. he informed that the council will be chaired by state industries minister.

Furthermore, the global investment promotion council will create strong network of enterprising people across the globe to attract investment in multiple sectors in the state. The council will establish bilateral ties with the US, European, Asian, Middle Ease and African countries.

ATTRACTING INVESTMENTS

  • Maharashtra has already received investment proposals worth Rs 8 crore in the Make In India week held in 2016 and another Rs 12 lakh crore in Make In Maharashtra summit held in the year 2018 
     
  • The global investment promotion council  will create strong network of enterprising people across the globe to attract investment in multiple sectors in Maharashtra
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