Trade and Investment Council

Boosting Trade and Investment in Maharashtra

The Trade and Investment Council of the Make in Maharashtra Economic Forum is dedicated to transforming Maharashtra into a premier destination for global trade and investment. By fostering a business-friendly environment, enhancing export capabilities, and attracting foreign investment, Maharashtra aims to drive economic growth, create jobs, and establish itself as a hub of international commerce.

Trade and Investment Council

Engagement with the Central Government of India

Alignment with National Trade Policies

The council actively collaborates with the central government to align Maharashtra’s trade policies with national initiatives such as the Foreign Trade Policy (FTP) and ‘Make in India’ program. By working closely with the Ministry of Commerce and Industry, the council ensures that Maharashtra’s trade strategies complement and leverage national policies to boost exports and attract investments.

Export Promotion and Support

The council partners with the central government to expand Maharashtra’s export base by tapping into schemes like the Export Promotion Capital Goods (EPCG) scheme and Merchandise Exports from India Scheme (MEIS). It seeks central support to identify new markets, improve export logistics, and provide incentives to local exporters, ensuring Maharashtra’s products reach global markets effectively.

Ease of Doing Business Initiatives

To enhance Maharashtra’s attractiveness to investors, the council collaborates with the central government to simplify regulatory processes and reduce bureaucratic hurdles. Initiatives such as implementing single-window clearances and digitalizing trade-related processes are promoted to create a seamless business environment.

Infrastructure Development for Trade

The council works with the central government to develop critical infrastructure, including ports, airports, and logistics hubs, to improve Maharashtra’s trade capabilities. It advocates for federal funding and support to enhance the state’s trade infrastructure, making Maharashtra a competitive player in the global market.

strategic alliances

Engagement with Global Companies and Councils

  • International Trade Partnerships: The Trade and Investment Council actively engages with global trade organizations, chambers of commerce, and multinational companies to promote Maharashtra as an ideal trade partner. By participating in international trade missions, expos, and forums, the council aims to build strategic alliances and attract foreign direct investment (FDI) to Maharashtra.
  • Collaborative Investment Initiatives: The council fosters collaborations with international investment councils and sovereign wealth funds to attract investment into Maharashtra’s key sectors such as manufacturing, IT, pharmaceuticals, and renewable energy. These partnerships are designed to facilitate knowledge exchange, technology transfer, and joint ventures, thereby enhancing Maharashtra’s industrial capabilities.
  • Promotion of Free Trade Agreements (FTAs): In collaboration with global trade bodies, the council advocates for the negotiation and implementation of Free Trade Agreements that benefit Maharashtra. These agreements help reduce tariffs, enhance market access, and promote bilateral trade, positioning Maharashtra as a favorable destination for international business.
  • Bilateral and Multilateral Forums: The council participates in bilateral and multilateral trade forums to showcase Maharashtra’s potential and capabilities. By engaging with international policymakers, business leaders, and trade experts, the council promotes Maharashtra’s trade opportunities and builds relationships that facilitate smoother trade flows.
  • Investment Summits and Roadshows: The Trade and Investment Council organizes investment summits and roadshows in key global markets to attract investors. These events serve as platforms to present Maharashtra’s strategic advantages, lucrative investment opportunities, and pro-business policies to potential investors from around the world.

Driving Economic Growth and Prosperity

Through strategic engagement with the central government and international partners, the Trade and Investment Council is committed to enhancing Maharashtra’s trade and investment landscape. By promoting a conducive business environment, advocating for supportive policies, and fostering global partnerships, the council is driving Maharashtra’s economic growth, creating jobs, and positioning the state as a leading destination for trade and investment.

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About Make in Maharashtra

The Make in Maharashtra is a Public Benefit Corporation (PBC) with a mission to establish Maharashtra as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtra’s unique position, Make in Maharashtra strives to drive substantial economic growth, spur innovation, and solidify Maharashtra’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.

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