Maharashtra attracts FDI worth around Rs 20,000 cr
Maharashtra attracts FDI worth around Rs 20,000 cr
The state has drawed 79 mega-projects with proposed investment of Rs 1.10 lakh crore.

New Delhi: Maharashtra government has attracted Rs 19,632 crore Foreign Direct Investment (FDI) during the last three years.

"This is the highest FDI in the country amounting to Rs 70,750 crore since 1991," PTI quoted Chief Minister Vilasrao Deshmukh as saying.

The state has drawed 79 mega-projects with proposed investment of Rs 1.10 lakh crore by companies like Boeing, General Motors, Bajaj Auto, L G Electronics, Mahindra and Mahindra, Daimler Chrysler, Volkswagen, Renault, Cummins and Gulf Housing Finance, he said.

Deshmukh said the state has secured approval to highest number of 119 SEZs in the country and pointed out that the new industrial policy was aimed at providing conducive environment or investment.

"We are determined to provide world class infrastructure to boost investment in the state," he said. 245 IT parks and 33 public IT parks were being developed and there was a proposal for having an integrated Delhi-Mumbai Industrial Corridor, Deshmukh added.

With agriculture being the main prop for the state's economy, the state's production of cotton and soya has registered an all-time high, he said.

Asked about the huge outstanding loan of Rs 7,500 crore of farmers in various cooperative banks, the chief minister said he would favour full waiver.

Deshmukh said he would discuss the state's plan size with the Planning Commission soon and seek a ten per cent increase so that his government could lay more emphasis on irrigation, power and the social sector.

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