Chief Minister Devendra Fadnavis lit up the prospects for Maharashtra with news of the India-EU Free Trade Agreement on Tuesday. Labeling it historic, he detailed the state’s windfall in trade and investment.
Sectors like clothing, pharma, chemicals, autos, metals, and jewelry are set for hyper-growth and international dominance. Farmers gain from agri-market openings, per Fadnavis.
Via X, he lauded PM Modi’s feat in forging ties with EU’s 27 nations (25% global GDP), granting near-total duty-free access to boost Rs 6.41 lakh crore exports—focusing on labor-intensive gems, textiles, and seafood.
Agri and food processing exports flourish, aiding value chains. Talent mobility expands horizons for professionals.
Fadnavis framed it as India’s economic power play, with Maharashtra at the vanguard.
Backing this: Recent Rs 30 lakh crore WEF MoUs, plus impending Rs 7-10 lakh crore in AI, semis, health, green steel, fintech, and more. 83% pure FDI across 18 countries.