Maharashtra Chief Minister Devendra Fadnavis on Monday outlined an aggressive economic roadmap for the state, declaring that Maharashtra is preparing to emerge as one of the world’s most influential regional economies over the next two decades.
Speaking at the CII Annual Business Summit 2026 in New Delhi, Fadnavis said Maharashtra aims to achieve a $1 trillion economy by 2030 while positioning itself at the centre of India’s long-term growth strategy under the “Viksit Bharat 2047” vision.
The Chief Minister said the next phase of economic leadership would not be determined only by industrial growth but by infrastructure expansion, technological innovation, urban development, energy security, institutional confidence and talent creation.
Highlighting Maharashtra’s economic dominance, Fadnavis noted that the state currently contributes nearly 15 percent to India’s GDP and remains the country’s biggest magnet for foreign direct investment.
According to him, close to 40 percent of India’s cumulative FDI inflows have entered Maharashtra, reinforcing the state’s role as the country’s primary economic powerhouse.
Fadnavis stated that Maharashtra is now preparing for a new global economic era where competitiveness will depend on modern infrastructure, advanced manufacturing, digital transformation and innovation-driven governance.
He also stressed that Prime Minister Narendra Modi’s vision of a developed India by 2047 would largely be implemented through strong-performing states, with Maharashtra expected to play a leading role in that transformation.
The Chief Minister’s remarks come amid increasing focus on large-scale infrastructure projects, industrial corridors, technology investment and urban expansion initiatives currently underway across Maharashtra.
Earlier this month, Governor Jishnu Dev Varma had also emphasised Maharashtra’s importance in India’s long-term development plans and expressed confidence that the “Viksit Maharashtra 2047” roadmap would help the state become a trillion-dollar economy within the next decade.
The BJP-led Maharashtra government has been projecting the state as a future global investment hub, with policymakers aiming to strengthen sectors including manufacturing, fintech, logistics, green energy, artificial intelligence and urban mobility.
