TNPSC Thervupettagam

Magnetic Maharashtra

February 18 , 2018 2325 days 1064 0
  • Prime Minister inaugurated the 'Magnetic Maharashtra' Convergence Summit 2018 at Mumbai.
  • This is Maharashtra’s first Global Investors Summit on the lines of the ‘Make in India’ initiative.
  • The conference aims to bring investments to the tune of ₹10-lakh crore to the State.
  • It is announced that Reliance will establish India’s first ever Integrated Industrial Area for the Fourth Industrial Revolution in Maharashtra.
  • 'Magnetic Maharashtra' has been conceptualised on four main pillars - Employment, Sustainability, Infrastructure, and Future Industries.
  • Maharashtra government is aiming to achieve a trillion-dollar economy by 2025.
  • Maharashtra has bagged bout 51 % of total Foreign Direct Investment (FDI) in India.

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