Welcome to Maharashtra, PM Narendra Modi tells global investors

PM Narendra Modi speaks during the opening ceremony of Magnetic Maharashtra Convergence 2018 in BKC on Sunday PicPTIPainting a rosy picture of Maharashtra and Mumbai PM Narendra Modi has invited global investors to the countrys most investorfriendly state In an address at the Magnetic Maharashtra Convergence in the city last evening that targeted both investors and voters Modi highlighted several reforms and public welfare schemes that his government has undertaken to create New IndiaModi gave backtoback speeches one in Navi Mumbai where he laid the foundation for the muchdelayed airport and inaugurated a facility at Jawaharlal Nehru Port Trust that was completed in record time and the other at BKC in the presence of international and national industry leaders What was common to both functions was how Modi foresaw Mumbai after four yearsFuture visionCan you imagine how Mumbai will look by 202022 The airport will be ready to fly you the transharbour link will ease your commute double line railway corridor will make your travel faster and waterways will give you another commuting option he said at Navi Mumbai and then expressed a similar thought congratulating CM Devendra Fadnavis for fasttracking projectsModi invoked Chhatrapati Shivaji Maharaj at these functions timing his appreciation and appropriation of the Maratha king a day before the state celebrates his birth anniversary on Monday He said the kings memorial in the Arabian Sea will be ready in four yearsThe PM didnt forget to remind industry captains as well as public in Navi Mumbai how inefficient the previous governments were in clearing projects and completing them There will be people who will say this was done in their time But we must understand that we have revived them made resources available and will complete them in time he saidHe added that Maharashtra was all set to be the strongest growth engine of the national economy It will soon be a trillion dollar economy the first state to do so The state is a global attraction because it has changed its governance through new work culture that takes timely decision and supports investors Modi saidChanging MaharashtraHe seemed impressed with Fadnaviss dream project of a super communications highway that he said offered immense investment opportunities in making development in the hinterland through 24 nodes smart citiesMaharashtra has already attracted 51 per cent of the countrys total foreign direct investment There will be more to come he said adding that Fadnavis was responsible for transforming Maharashtra Maharashtra gets nine out of 10 in parameters of ease of doing businessModi credited Gujarat for showing other states a way to attract investment through such summits What started in Gujarat is now replicated everywhere There is a healthy competition in the state for getting investors as per their respective USPsHe said a transparent ecosystem that was people and investmentfriendly was the key to BJP governments success There was an atmosphere infested by scams but now we are talking of making us a 5 trillion dollar economy thanks to our policy of ensuring outcome The PM told industry captains how his government was trying for financial and social inclusion of the poorest of poorHeres what industry captains saidSir Richard Branson Virgin hyper loop system will reduce travel time between Mumbai airport and Pune to a mere 20 minutes with individual pods to take one to their destinationMukesh Ambani Jio will connect each gram panchayat school college and hospital and set up the firstever Integrated Industrial Area in which 20 global partners have already shown interest India is number in data consumption in the world thanks to Jios low pricingAnand Mahindra A Bollywoodbased entertainment hub would be built at Mahindra amp Mahindras land in KandivliBaba Kalyani Our company will set up two defence production units near PuneRatan Tata Tatas have always been there and appealed to global investors to change their outlook of Maharashtra which has now changed under the dynamic leadership of CM FadnavisCatch up on all the latest Mumbai news crime news current affairs and also a complete guide on Mumbai from food to things to do and events across the city here Also download the new midday Android and iOS apps to get latest updates