The Government of Maharashtra has unveiled a comprehensive long-term vision titled ‘Maharashtra 2047’, aligning with India’s Viksit Bharat @2047 mission. This three-phase strategy—targeting key milestones for 2029, 2035, and 2047—sets out to make Maharashtra a $5 trillion economy while ensuring sustainability, inclusive growth, and decentralized development
Key Economic and Policy Milestones
- $1 Trillion by 2030 | $5 Trillion by 2047: Maharashtra aims to drastically scale its economy through innovation-led growth and infrastructure development.
- Boost to Manufacturing: The new Industrial Policy targets a 20%+ GSDP contribution from the manufacturing sector
- MAITRI 2.0: A revamped single-window investment facilitation platform to attract investments in high-growth sectors—EVs, semiconductors, data centres, and green hydrogen
Record-Breaking Investments & Global Partnerships
- Maharashtra led India in FDI inflow in Q1 FY 2024–25 with ₹1.39 lakh crore
- At the World Economic Forum in Davos, MoUs worth ₹15.96 lakh crore were signed, half of which are already being implemented—especially in Tier-2 and Tier-3 cities
Infrastructure Mega Projects
Major infrastructure initiatives are reshaping connectivity and growth:
- Samruddhi Mahamarg, Atal Setu, Mumbai Coastal Road
- Mega-projects backed by Central Government: Vadhavan Port, Navi Mumbai International Airport, Metro Rail systems
- Mumbai Metropolitan Region (MMR) projected to become a $1.5 trillion hub by 2047
Regional Growth & Industrial Clusters
- Gadchiroli – Steel City
- Nagpur– Defence Manufacturing Hub
- Amravati – Textile Cluster
- Chhatrapati Sambhajinagar – EV Manufacturing
- AURIC City & Dighi (Raigad) – Smart Industrial Cities
Services Sector and MSME Empowerment
Maharashtra leads in:
- IT, AVGC, logistics, exports, and GCCs
- Over 60 lakh MSMEs registered nationally
- CM’s Employment Generation Programme supported 2+ lakh entrepreneurs
Innovation, Entertainment, and Creative Economy
- MoUs worth ₹5,000 crore for global studios at WAVE Summit
- Key initiatives:
- India International Centre for Creative Technology (IICCT)
- Launch of WAVES Index on NSE
- Global academic partnerships and future Innovation City
Renewable Energy and Climate Leadership
- Signed 45,500 MW energy purchase agreements; 36,000 MW from green energy
- Solarising agricultural supply under Mukhyamantri Saur Krushi Vahini Yojana 2.0
- Launched Solar Village Scheme (100 villages, 15 fully solarised)
- ₹3.42 lakh crore investment attracted through pumped storage projects, creating 96,000+ jobs
- Emphasis on circular economy and recycling parks for sustainable development
Cultural Recognition and Heritage
- Marathi granted ‘Classical Language’ status by PM Narendra Modi
- Preparations underway for Nashik Kumbh Mela 2027, with Centre's support
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