Journalism of Courage
Premium

CM promises special investment zone for Chinese firms

Li Keqiang says Mumbai looks very different after 27 years.

2 min read
Advertisement

CM Chavan said Tuesday his government will roll out a red carpet for Chinese companies willing to invest in industrial and infrastructure sectors in the state.

“The Maharashtra government is willing to set up a special investment zone if Chinese firms are willing to make investments.” Chavan had a 45-minute meeting with premiere Li Keqiang at Taj Hotel.

During the meeting,Keqiang recalled his visit to Mumbai 27 years ago. “I visited the city 27 years ago. It looks a lot different now,I realised.”

He said the purpose of his visit to Mumbai was to personally see and understand growth in various sectors in the biggest industrial and financial state of India.

He lauded progress made by Maharashtra in industrial,information and technology and infrastructure sectors.

CM explained how the state and central governments were working to make Mumbai a world-class city.

He listed half-a-dozen mega-projects — coastal road,monorail,metro rail,etc — that promise to improve the transport system in the city.

Story continues below this ad

Chavan,who was accompanied by industries minister Narayan Rane and senior bureaucrats,said: “Chinese companies can play a crucial role through partnership in infrastructure projects and IT sector.”

He said: “The state has rolled out a progressive textile policy. Maharashtra is the second-largest state in the country in cotton cultivation. China can consider making investments in textile-related sectors in Maharashtra.”

Stay updated with the latest - Click here to follow us on Instagram

Tags:
  • Chinese companies Li Keqiang Maharashtra government
Edition
Install the Express App for
a better experience
Featured
Trending Topics
News
Multimedia
Follow Us
C Raja Mohan writesXi, Putin and transhumanism: Who wants to live forever?
X