For Members

Empower Maharashtra: Be a Catalyst for Global Innovation and Growth as a Valued IMEF Member

For Attendees

Discover Maharashtra: Experience the Epicenter of Global Economic Renaissance as an Esteemed Visitor

For Patrons

Invest in Maharashtra: Shape Global Growth and Innovation as a Distinguished Patron.

Connecting Continents, Empowering Futures

Invest Maharashtra – Leading Global Innovation and Growth

Vision

Invest Maharashtra envisions a dynamic, interconnected world where Maharashtra emerges as a leading hub in global trade and diplomacy. Our vision extends beyond economic collaboration; it is about shaping a resilient, technologically advanced global economy, underpinned by sustainable practices, inclusive growth, and a commitment to societal advancement. We aspire to redefine Maharashtra’s role in the global economic narrative, transforming it into a pivotal player in driving innovation and fostering strategic global partnerships.

Mission

The mission of Invest Maharashtra is to establish Maharashtra as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtra’s unique position, Invest Maharashtra strives to drive substantial economic growth, spur innovation, and solidify Maharashtra’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.

taj-mahal-palace-hotel (1)

Spur Innovation: Encourage and support innovative practices across all sectors, aiming to position Maharashtra as a leader in global economic innovation and a key destination for research and development.

Build Resilient Economic Networks: Develop robust and resilient economic networks within Maharashtra that can withstand global challenges and adapt to changing economic landscapes.

Solidify Maharashtra’s Global Economic Stature: Through these efforts, aim to solidify Maharashtra’s position in the global economy, making it a pivotal player in shaping the future of global economic partnerships and setting the standard for excellence in economic development.

Our Key objectives

Foster Strategic Global Partnerships: Establish and deepen economic collaboration with key nations such as USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE, focusing on sectors like energy, technology, agriculture, and finance. Position Maharashtra as a central partner in these alliances.

Drive Economic Growth and Diversification: Work towards enhancing Maharashtra’s economic prosperity by diversifying its engagements and introducing innovative practices across various sectors. Focus on attracting Fortune 500 companies and other global enterprises to invest in the state.

Adopt Sustainable and Inclusive Practices: Implement best practices from successful global economic models to ensure growth is both sustainable and inclusive, contributing positively to societal progress within Maharashtra.

Enhance Technological Advancement: Align with India’s vision to promote a technologically advanced economy by leveraging cutting-edge technologies for economic development in Maharashtra.

Contribute to Global Trade and Diplomacy: Position Maharashtra as a leading hub in global trade and diplomacy, enhancing its role and influence in the international economic narrative through active participation in international bodies like BRICS, ASEAN, and the WTO.

Promote Societal Advancement: Commit to initiatives that not only boost the economy but also contribute to the societal advancement and well-being of communities across Maharashtra.

Integrate International Economic Insights: Learn from and integrate the strategies and frameworks of successful international economic cooperations like BRICS, ASEAN, APEC, and the Shanghai Cooperation Organisation, adapting them to Maharashtra’s unique strengths and opportunities.

Economic Powerhouse

Contributes over 15% to India’s GDP

Infrastructure & Connectivity

Extensive road and rail networks, major ports

Diverse Industrial Base

Special Economic Zones (SEZs) and Freights and Industrial Corridors

Skilled Workforce Talent Ocean

Over 77 Universities including IIT Bombay

56% Working Age Population

24 Crore Population Making UP the Largest Consumer Market in India

7% GSDP Growth

3rd Largest Economy of India

More than 8% Contribution to India’s GDP

18% Year on Year Exports Growth

2nd Rank in Ease of Doing Business

Nivesh Mitra is one of India’s leading Single Window Clearance System

20+ Sectoral Policies

Largest Railway Network & 2nd Highest Road Network in India

Top 5 Manufacturing

Highest Number of MSMEs

IM Council of Governors

Hon'ble Mr. Devendra Gangadhar Fadnavis
Chief Minister of Maharashtra

The Chief Minister of Maharashtra is a visionary leader, providing unwavering support to the Governing Councils, empowering them to implement transformative ideas and drive the Invest Maharashtra mission toward unprecedented success.

Sectors

Urban Development

Maharashtra stands at the forefront of urban infrastructure in India, with ongoing projects spurred by one of the largest urban infrastructure funds in the country. Major investments, such as the $12 billion partnership for Mumbai Metropolitan Region development, aim to make Mumbai a $300 billion economic powerhouse. The state boasts advanced expressway networks, massive metro expansions in Mumbai and Pune, and robust housing initiatives, all designed to foster jobs and drive Maharashtra’s $1 trillion economic vision forward.

Retail & E-Commerce

Maharashtra is a premier destination for retail and e-commerce investments, fueled by its urban population, strong logistics, and supportive policies. Its vast consumer market and strategic location make it ideal for both domestic and global brands.

Defence & Aerospace

Maharashtra aspires to become the top destination for domestic aerospace and defence manufacturing. The state is nurturing an ecosystem for indigenous defence R&D, global exports, and world-class skills development. The Maharashtra Defence and Aerospace Venture Fund has invested hundreds of crores into MSMEs and startups, supporting innovations in aerospace, marine, and advanced electronics, and generating thousands of direct and indirect jobs.

IT & ITES

Maharashtra remains a national digital powerhouse, with Mumbai and Pune emerging as major IT/ITES hubs. The government’s policies target balanced growth, push for startup and MSME participation, and offer incentives such as subsidized incubation, interest subvention, and streamlined compliance. Goals include generating over 1 million jobs and attracting ₹25,000 crore+ in IT investments.

Startup

Mumbai and Pune lead Maharashtra’s vibrant startup scene, together raising over $25 billion across more than 2,200 deals in the last decade. State funds and policy reforms further fuel early-stage, high-potential startups focusing on innovation and technology.

Tourism & Hospitality

Maharashtra’s new tourism policy, targeting ₹1 lakh crore in investments, aims to position the state as a major global tourism and MICE (Meetings, Incentives, Conferences, Events) hub. The policy envisions generating 1.8 million jobs, boosting infrastructure, and leveraging Maharashtra’s cultural heritage, urban, and coastal attractions.

MSME

Maharashtra places MSMEs at the core of its development strategy. The 2025 budget outlines measures to attract ₹40 lakh crore into key sectors, facilitate collateral-free loans, support adoption of digital technologies, and create 5 million jobs. MSMEs drive exports, rural industrialization, and skill development.

Electronics & Technology

Maharashtra leads India’s electronics push with major investments in electronic manufacturing clusters and ambitious semiconductor and display fab projects in Pune and Talegaon. The Vedanta-Foxconn partnership alone envisions investments over ₹1.6 trillion, with the potential for 200,000 jobs. The state also fosters clusters for mobile and consumer electronic manufacturing.

Handloom & Textile

Maharashtra is reinforcing its textile leadership by building 18 mini textile parks across the state, set to attract ₹1,800 crore in investment and generate employment for 36,000 people. Partnerships with research institutions aim to boost innovation, technical textiles, and sustainable growth.

Renewable Energy

The state is rapidly expanding its renewable energy portfolio, focusing on solar and wind capacities in line with national clean energy targets.

Warehousing & Logistics

Maharashtra’s growing logistics infrastructure, enhanced by new ports, airports, and dedicated freight corridors, underpins its status as a logistics and warehousing leader in India.

Auto Components

With a robust manufacturing base and strategic exports to global markets, Maharashtra continues to power India’s automotive and auto components sector.

Medical Device & Pharma

The state is a life sciences hub, with strong pharmaceutical manufacturing and a growing footprint in medical devices, generating significant revenue and employment.

Agriculture & Food Processing

Maharashtra is among India’s leading producers and exporters of agri-products, especially fruits, sugarcane, milk, and processed foods. The state invests in modern facilities to boost value addition in this sector.

Fintech

Mumbai, India’s financial capital, anchors a dynamic fintech ecosystem. The state records substantial investments, rapid startup growth, and ongoing policy support for digital payments, banking, and insurtech.

Dairy Sector

With a large processing capacity and a massive worker base, Maharashtra contributes significantly to India’s dairy output and rural employment.

EV Manufacturing

Emerging as an automotive innovation hub, Maharashtra hosts major EV and battery manufacturing plants, promotes e-mobility, and is investing in charging networks and green vehicle policies.

Semiconductor

Maharashtra is set to become India’s semiconductor heartland, with landmark investments and dedicated electronics and semi-conductor parks that will make the state a leader in this critical industry.

Films

With Mumbai as India’s entertainment capital, the state dominates the country’s film, television, and media industries, generating billions in revenue and global recognition.

Meet Our Subject Matter Experts and Council of Governors

semiconductor production

Semiconductors in Maharashtra Council

TBA

The SemiConTech Council focuses on advancing semiconductor technology and manufacturing in Maharashtra.

DeepTech in Maharashtra Council

TBA

The DeepTech Council is dedicated to advancing Maharashtra’s deep technology landscape, focusing on areas such as quantum computing, blockchain, and nanotechnology.

Artificial Intelligence and Data Centre Council

TBA

The Artificial Intelligence Sovereignty Council focuses on harnessing the potential of artificial intelligence (AI) to drive economic growth while ensuring data privacy, security, and ethical governance.

Regulatory Streamlining and Support

HeathTech in Maharashtra Council

TBA

The HealthTech Council is committed to transforming healthcare delivery in Maharashtra by leveraging technology and innovation.

Digital Learning

EdTech in Maharashtra Council

TBA

The EdTech Council is focused on revolutionizing education in Maharashtra by integrating innovative technologies and digital learning solutions

Agriculture Policies

Agriculture and Food Security in Maharashtra

TBA

The Agriculture and Food Security Council is focused on ensuring sustainable agricultural practices and enhancing food security in Maharashtra.

FinTech in Maharashtra Council

TBA

The FinTech Council is dedicated to establishing Maharashtra as a leading fintech hub by fostering innovation, promoting digital payments, and supporting financial inclusion.

MaterialTech in Maharashtra Council

TBA

The MaterialTech Council focuses on promoting innovation in materials science and engineering to enhance Maharashtra’s industrial capabilities.

MedTech in Maharashtra Council

TBA

The MedTech Council is focused on driving innovation in medical technology to improve healthcare delivery and patient outcomes in Maharashtra. 

Advocacy Committees

Governance and Transparency

TBA

The Governance and Transparency Council is dedicated to enhancing governance practices and promoting transparency in Maharashtra. 

Maharashtra Cultural and Tourism

TBA

The Cultural and Tourism Council is focused on promoting Maharashtra’s cultural heritage and enhancing its tourism sector.

Maharashtra Youth Empowerment and Entrepreneurship

TBA

The Youth Empowerment and Entrepreneurship Council is focused on empowering the next generation of leaders and innovators in Maharashtra.

Gender Equality and Women’s Empowerment in Maharashtra

TBA

The Gender Equality and Women’s Empowerment Council is dedicated to promoting gender equality and empowering women across all sectors of Maharashtra’s economy. 

Sustainable Development (2)

Maharashtra Climate Change and Resilience Council

TBA

The Climate Change and Resilience Council is focused on addressing climate change challenges and building resilience in Maharashtra.

digitalizing trade

Maharashtra Trade and Investment Council

TBA

The Trade and Investment Council of the Invest Maharashtra Economic Forum is dedicated to transforming Maharashtra into a premier destination for global trade and investment.

Events & Programs

Upcoming Events, Trade Delegations and Round Tables!

02 January Saturday

The Strategically Build Your Business

January 2, 2021 @ 15:00 - 19:00
32 Quincy Street, Cambridge, MA
19 April Monday

The International Coffee Festival 2021

April 19, 2021 @ 09:30 - 13:00
15 Champions Center, Crewey
10 February Wednesday

The Financial Freedom Boot Camp 2020

February 10, 2021 @ 15:00 - 19:00
Millenia Orlando, USA

Why Invest in Maharashtra?

Maharashtra is the 2nd most populous state and 3rd largest state by area in India

Public Infrastructure Investment Led Growth

Mumbai Coastal Road Project

Total Cost: $2.2 Billion
Scope: A 29.2-km-long coastal road connecting South Mumbai to the northern suburbs, designed to reduce traffic congestion and improve urban connectivity. The project integrates eco-friendly designs, featuring underground tunnels, elevated roads, and dedicated lanes for public transport.

Navi Mumbai International Airport

Total Cost: $2.6 Billion
Scope: Maharashtra’s second international airport aims to handle 60 million passengers annually, alleviating pressure on Mumbai’s Chhatrapati Shivaji Maharaj International Airport. This modern hub will connect Maharashtra to global markets, boosting tourism, trade, and logistics.

Pune Ring Road Project

Total Cost: $3.2 Billion
Scope: A 170-km-long ring road designed to ease traffic congestion and promote seamless connectivity between Pune and its neighboring industrial zones. The project will enhance mobility and support the city’s rapid urbanization and industrial growth.

Maharashtra Renewable Energy Hub

Total Cost: $6 Billion
Scope: A state-of-the-art green energy cluster in Vidarbha, focused on solar and wind power generation. With a capacity of 12 GW annually, this hub will support Maharashtra’s industries and households with sustainable energy, aligning with India’s green energy goals.

Aurangabad Industrial Smart City (AURIC)

Total Cost: $4 Billion
Scope: India’s first greenfield industrial smart city, featuring smart logistics, IT hubs, and eco-friendly business districts. AURIC is designed to attract global investors and support high-tech industries, including manufacturing, biotech, and IT.

Mumbai-Ahmedabad Bullet Train Project

Total Cost: $15 Billion
Scope: India’s first high-speed rail project connecting Mumbai to Ahmedabad over 508 km. Designed for speeds of 320 km/h, the bullet train will reduce travel time to just 2 hours, enhancing connectivity and economic integration across the western corridor.

Nagpur Multi-Modal International Cargo Hub (MIHAN)

Total Cost: $5 Billion
Scope: A cutting-edge logistics hub integrating air, rail, and road transport systems to streamline cargo handling. MIHAN is set to position Maharashtra as a logistics powerhouse, supporting global trade and supply chains.

Mumbai Trans Harbour Link (MTHL)

Total Cost: $2 Billion
Scope: A 22-km-long sea bridge connecting Mumbai to Navi Mumbai, the MTHL will dramatically reduce travel time and promote regional economic integration. It will also enhance connectivity to the Navi Mumbai International Airport.

Nashik Pharma and Biotechnology Park

Total Cost: $3 Billion
Scope: A dedicated hub for pharmaceutical manufacturing, research, and biotechnology innovation. Designed to meet global standards, the park will support Maharashtra’s robust pharmaceutical sector and drive R&D excellence.

Iconic Investments

Investment Opportunities by Sectors

Knowledge Co-Creation Programs (KCCP)

Maharashtra is Building the Bridge
Between the Global North and the Global South.

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About Invest Maharashtra

The Invest Maharashtra is a Public Benefit Corporation (PBC) with a mission to establish Maharashtra as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtra’s unique position, Invest Maharashtra strives to drive substantial economic growth, spur innovation, and solidify Maharashtra’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.

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