Maharashtra in an era of exciting industrial growth: Chavan

January 10th, 2012 - 8:27 pm ICT by IANS  

Mumbai, Jan 10 (IANS) Maharashtra has entered into an exciting era of accelerated industrial growth and consistent socio-economic development, Chief Minister Prithviraj Chavan said, adding that it has created a benchmark for the rest of the country.

“There is tremendous competition to attract high quality investments within states. However, Maharashtra has an advantage of good infrastructure as well as manpower, which other states lack, thus making it encouraging for investors across the world to invest here,” he said.

Chavan was speaking after inaugurating the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Progressive Maharashtra Conference Tuesday.

Chavan spoke about Maharashtra’s textile policy which will attract more than Rs.40,000 crore investment and provide over 11 lakh employment opportunities. He also mentioned that the state government has recently taken a major decision to enhance affordable housing stock in the state, including urban conglomerates like Mumbai, Thane and Pune.

Chavan said the government made it mandatory for developers with a layout of 2,000 sq mt to keep aside 20 percent land for affordable housing.

Over 200 delegates from India and abroad participated in this event. The participants included experts from the fields of agriculture, infrastructure, tourism, health, banking and finance, retail, auto, education and skill development, power and renewable energy, gems and jewellery and IT.

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