Fadnavis invites German cos to invest in Maharashtra

The chief minister looks at a PPP model to create sustainable infrastructure in the state

Terming Maharashtra as the biggest manufacturing hub in the country, Chief Minister Devendra Fadnavis invited German companies to invest in the state on Wednesday.

“Maharashtra is biggest manufacturing hub in the country (which) can provide immense investment opportunities and German companies who have big presence in the state can invest more,“ Fadnavis said while addressing the members of the Indo-German Chamber of Commerce (IGCC) at the 59th AGM in Mumbai.

“The sGerman Corner (cc)tate contributes 15 per cent of the national GDP, 30 per cent of the entire FDI inflow and 30 per cent of India’s exports,“ the Chief Minister said. “Maharashtra is now promoting partnership with private companies on PPP (public­private partnership) models for sustainable infrastructure for Swacch Bharat Abhiyan,“ Fadnavis said, adding that the government is also setting up 10 smart cities and sought cooperation from German companies.

German Ambassador Martin Ney said his country is an ideal trading partner for India and assured that str
engthening the Indo-German trade relations will be his priority.

Source : PTI

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