Thursday, February 26, 2026

National

Maha remains real economic powerhouse, actively steering India's $5 trillion ambition: CM Fadnavis

IANS | February 26, 2026 04:41 PM

MUMBAI: Chief Minister Devendra Fadnavis in the state Assembly on Thursday painted a picture of Maharashtra that is no longer just "participating" in India's growth, but is actively steering the nation's $5 trillion ambition.

He laid out a comprehensive vision for the state's future, balancing ambitious economic targets with a stern address on law and order.

In his reply to the debate on the Governor’s address, the chief minister said that Maharashtra remains the real economic powerhouse of India. He cited that the state now contributes nearly 14 per cent of the National GDP and attracts a staggering 40 per cent of India’s total Foreign Direct Investment (FDI).

"We are moving from incremental reforms to a total structural transformation, " he stated. CM Fadnavis noted that the state has secured Rs 30 lakh crore in Memoranda of Understanding (MoUs) during the 2026 Davos summit.

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