The Devendra Fadnavis-led government has been expecting a total investment of around Rs88,000 crore since 2016 when the Make in Maharashtra event was held, according to the Economic Survey 2017-18. Maharashtra attracted investment worth Rs11,89,815 crore as compared to Gujarat’s Rs15,22,129 crore between August 1991 and December 2017. “If you look at the break-up of Rs8 lakh crore, investment worth Rs3.90 lakh crore was related to the industries department. In addition, projects worth Rs1.72 lakh crore are in progress and land acquisition process for projects worth Rs1 lakh crore has also been completed,” said Sunil Porwal, additional chief secretary of the industries department. “I doubt the state’s claims over signing MoUs worth Rs12 lakh crore during the Magnetic Maharashtra event,” Salunkhe said.

Source: Hindustan Times March 08, 2018 19:41 UTC