Maharashtra the preferred destination for FDI & domestic investments

P.V Anandpadmanabhan
Focussing on current status and past trends of manufacturing sector in Maharashtra and problems being faced by the sector ,Chief Minister chalked out measures to make Maharashtra the preferred destination for manufacturing sector.
Maharashtra being the preferred destination for Foreign Direct Investment and domestic investment across manufacturing and service sectors, Chief Minister has emphasised on making the approval process for industries more efficient , transparent and bringing them on a common e-platform.
To ensure the success of “Make In Maharashtra “ he said an Empowered Group of Secretaries of Finance, Labour, Industries, Revenue, Urban Development, Environment, Energy and Principal Secretary to Hon’ble Chief Minister will be set up immediately to give all approvals required for the industries within a period of one month.
All investors investing more than 100 crores will be provided hand holding services through MAITRI for making all approvals required available to the investor at a single point without they having to follow up with the different departments.
River Regulation Zone policy will be reviewed to remove unnecessary restrictions put on non-polluting industries.
MIDC would be made Special Planning Authority for declared industrial zones in the Development Plans/Regional Plans.
Expansion of industry outside MIDC area would be fast-tracked by easing change of land use regulations.
Category :India
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