Maharashtra has unveiled an ambitious plan to attract ₹30 lakh crore in investments as it aims to establish itself as a global investment hub. Chief Minister Devendra Fadnavis outlined the vision at The Economic Times Maharashtra Business Summit 2026, emphasizing infrastructure-driven growth, logistics expansion, and clean energy as the pillars of the strategy.
Fadnavis highlighted that the state is developing not just roads but integrated economic corridors to accelerate industrial expansion and enhance regional connectivity. He identified maritime infrastructure as a key driver, calling the upcoming Vadhvan Port a “game-changer” expected to significantly strengthen logistics and boost India’s trade capacity.
The summit showcased Maharashtra’s broader roadmap, which includes port-led development, integrated infrastructure, and the growth of clean energy-powered data centres. The state aims to build next-generation urban ecosystems capable of sustaining long-term economic growth.
Guest of Honour Madhuri Meera Satish Misal stressed the importance of inclusive growth, noting that development must go beyond infrastructure to generate jobs, support enterprises, and improve living standards sustainably.
Adding a global perspective, Spain’s Ambassador to India, Juan Antonio March Pujol, cautioned against unplanned urban expansion and underscored the need for integrated city planning to manage mobility, services, and quality of life.
Officials and industry leaders also emphasized the importance of policy stability and efficient execution. Principal Secretary P. Anbalagan called for removing regulatory bottlenecks and promoting trust-based governance to encourage business autonomy.
Sector discussions revealed both opportunities and concerns. MMRDA Commissioner Sanjay Mukherjee pointed out that metro systems alone cannot solve urban transport challenges, while Energy Department official Abha Shukla highlighted the goal of sourcing 50% of the state’s power from renewable energy by 2030.
In the pharmaceutical sector, industry leaders raised concerns about shifting investments and long-term capital requirements. GSK Pharmaceuticals India Managing Director Bhushan Akshikar noted a trend of investments moving to other states, while Pharmexcil Vice Chairman Bhavin Mehta emphasized the need for sustained funding to drive innovation.
Overall, the summit underscored Maharashtra’s commitment to combining infrastructure growth, sustainable energy, and policy reforms to attract large-scale investments and maintain its position as India’s leading economic powerhouse.
