Maharashtra best place to invest: Fadnavis

Maharashtra best place to invest, says Maharashtra Chief Minister Devendra Fadnavis at the recently concluded ‘India -Italy Investment Forum’.

Under the umbrella of the Government of Italy (Italian Ministry of Foreign affairs and International Cooperation and Italian Ministry of Economic Development), the Italian Trade Commission/ Trade Promotion office of the Embassy of Italy in New Delhi, in collaboration with Confindustria (Confederation of Italian Industries) and CII, ‘the Italian Business Mission to India’ – India -Italy Investment Forum was organised in Mumbai.

The Italian delegation was led by the Italian Deputy Minister of Economic Development Ivan Scalfarotto along with high level and large group of Italian companies dealing with on focus sectors like automotive, infrastructure/construction, renewable energy, green technologies-waste management, ICT, machinery (agriculture, machines, leather machines, food processing, wood working machines, ceramics machines, textile machines, etc), machine tools and industrial automation. With an aim to boost trade relations between India and Italy, the business mission was a platform for Indian companies to interact with those based in Italy.

Scalfarotto said, “India is a large country of production of raw materials, incredible demographics and a lot of young people and a thriving environment for business. Indian and Italian technology can go hand in hand. The investment for Italy to India in the last three years has been close to 2.8 million euros. We appreciate the efforts made by Narendra Modi in reforming things like GST and other hurdles for trade within the country.”

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