Make In India projects worth Rs 40,000 crore ready to roll

Chief Minister Devendra Fadnavis Wednesday held a meeting to access the key area results in various departments, including industries.

By: Express News Service | Mumbai | Published:June 10, 2016 3:47 am

In less than three months after the Make In India Week, the state government has already realised investments worth Rs 40,000 crore for projects in multiple sectors. From allocation of land to completion of process for beginning the manufacturing units have been completed.

Chief Minister Devendra Fadnavis Wednesday held a meeting to access the key area results in various departments, including industries. At the meeting, Fadnavis directed the officials in the industries department to pro-actively pursue the investments with electronic giants specially in Korea, Japan and Taiwan. He also emphasised on the need to expedite the process with companies in mobile phone sectors.

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The chief minister also directed officials to fast-track the realisation of the MoUs complete with identifying the glitches to ensure smooth execution of projects in core sectors including manufacturing, defence, textile, electronics, infrastructure, housing among others.

In the last three months, government has simultaneously worked on “ease of doing business” to override the procedural delays that often remained the biggest hurdle in industrial sectors. While accessing the work progress in the ministry of social justice, the target has been set to complete 50,000 houses for dalits and other backward communities. Fadnavis reiterated that government’s commitment to provide roof to every poor dalit and backward family should be done by year 2019.

Mumbai hosted the first Make In India Week in February (13 -18). Of the total 15 lakh crore investments promised, almost Rs 8 lakh crore investment was in Maharashtra.

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