Mumbai, February 26 – Chief Minister Devendra Fadnavis, in the state Assembly on Thursday, presented a picture of Maharashtra that is not only "participating" in India's growth, but is actively steering the nation's $5 trillion ambition.
He outlined a comprehensive vision for the state's future, balancing ambitious economic targets with a firm stance on law and order.
In his response to the debate on the Governor's address, the chief minister stated 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 complete 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.
"Our goal is not just growth, but sustainable leadership. With the establishment of the Vision Management Unit, we are on a clear path towards Viksit Maharashtra 2047," he said.
The chief minister said that Gadchiroli is being transformed from a conflict zone into a steel hub. Once primarily known for Naxalite activity and being a "punishment posting" for officials, he described its rebirth as India's future Green Steel Hub.
He informed the house that over Rs 3 lakh crore is being invested in the district to create a pollution-free steel ecosystem. He added that 95 per cent of the jobs in these new plants would go to local tribal youths.
Balancing industry with nature, the CM announced a massive drive to plant 5 crore trees to ensure that the water, forest, and land of the region remain intact.
"Naxalism is shrinking to a handful of individuals while Gadchiroli is rising as the 'Gateway of Maharashtra'," he said.
He announced that Maharashtra is solidifying its status as the Startup Capital of India, moving beyond just being a financial hub.
The CM detailed the plan for a new Innovation City near the Navi Mumbai Airport and also spoke on the development of Mumbai 3 and Mumbai 4 around the proposed Vadhavan port where a new airport is being developed.
CM Fadnavis said that the government has adopted a plug and play policy which provides a ready-to-use ecosystem for global tech giants. The government is focusing on the development of Artificial Intelligence (AI), Semiconductors, and Data Centres. He claimed that Maharashtra already houses 60 per cent of India's total data centre capacity.
The CM said that growth is no longer restricted to Mumbai-Pune-Thane as Chhatrapati Sambhajinagar is being groomed as the EV Capital, Nagpur is becoming a leader in solar module manufacturing and Nashik is evolving into a defence aviation hub.
"Our vision is not just for 2029 but a roadmap for Viksit Maharashtra 2047, where every district becomes a specialized engine of growth," he said.