Maharashtra is planning road shows abroad from November to attract investments into the state in the post-COVID 19 pandemic world, especially targeting investments from global companies looking to relocate outside China, the state’s development commissioner for Industries Harshdeep Kamble recently said at a seminar at the World Trade Centre in Mumbai.
Maharashtra, which aims at more than doubling the Gross State Domestic Product (GSDP) to $1 trillion by 2025, will target the textiles, automobiles, steel, agro processing and pharmaceuticals sectors as part of its strategy, Kamble was quoted as saying by the event organisers.Maharashtra is planning road shows abroad from November to attract investments into the state in the post-COVID 19 pandemic world, especially targeting investments from global companies looking to relocate outside China, the state's development commissioner for Industries Harshdeep Kamble recently said at a seminar at the World Trade Centre in Mumbai.#
He said Chinese auto major Great Wall Motors has decided to go ahead with its investment in an electric vehicle facility and battery production unit at Pune despite the pandemic, according to a news agency.
As part of the incentives offered under the state's industrial policy, a company can recover up to cent per cent of its fixed investments.
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