Maharashtra focusing on developing AI and Tech ecosystem in state, says CM Fadnavis

ANI April 8, 2025 202 views

Maharashtra is strategically positioning itself as a technology and innovation powerhouse under Chief Minister Devendra Fadnavis's leadership. The state is actively developing AI ecosystems, targeting sectors like fintech, agriculture, and emerging business destinations. Fadnavis highlighted plans to create innovation cities and transform regions like Gadchiroli into attractive investment zones. The government is also leveraging AI technologies to address challenges in agriculture and economic development.

"Mumbai is already a fintech capital. We are focusing on AI and technology." - Devendra Fadnavis
Mumbai, April 8: Maharashtra is focusing on developing artificial intelligence and technology in the state, as Mumbai is already a fintech capital, said Chief Minister Devendra Fadnavis on Tuesday.

Key Points

1

Maharashtra positioning itself as leading AI and startup hub

2

Developing innovation cities near Mumbai and Pune

3

Targeting Gadchiroli as emerging business destination

4

Implementing AI modules in agriculture sector

Speaking at an event called 'IGF Mumbai NXT 25: Leading the Leap,' the Maharashtra CM said that the state is also focusing on making Gadchiroli, a place known for its dense forests, tribal communities, and natural beauty, a business destination.

"Mumbai is already a fintech capital. We are focusing on AI and technology. Our new destination for business is Gadchiroli... Big companies are investing in Maharashtra... We are developing a huge port in Konkan. This port will be three times bigger than Mumbai. This will create an absolute ecosystem," Maharashtra CM said.

He highlighted the state's intent to develop for businesses and said that they are building innovation cities near Mumbai.

He mentioned that a huge infrastructural ecosystem is being created in the area near Mumbai and Pune, as the state government is working towards ease of doing business.

Reacting to job generation, Maharashtra CM Devendra Fadnavis said that the state is a destination for data centres and is a start-up capital.

He stated that in the space of AI startups, Maharashtra is leading the path the way.

He highlighted the investment proposals attracted by the government at the meetings of the World Economic Forum, adding that 80 percent of our MOUs are in action; we have offered them what we have planned, and 20 percent are also on track but behind schedule. None of them (investors) are backing off, he said.

The Maharashtra CM said that climate change is emerging as the biggest challenge for sectors such as agriculture.

"We are also agri-economic too; we are trying to use AI modules in agriculture. Agriculture is very dependent on climate. We have announced a mission of AI in agriculture, and using AI modules, we want to make our agriculture more predictable," he said.

Regarding the impact of US reciprocal tariffs, the Maharashtra CM stated that there will be an impact on the supply chain, but we will accommodate this. We also see opportunities in this, too, he said.

Reader Comments

R
Rahul K.
This is exciting news! Maharashtra has always been at the forefront of innovation. Developing Gadchiroli as a business destination while preserving its natural beauty could be a game changer. The AI in agriculture initiative is particularly promising 👏
P
Priya M.
While I appreciate the vision, I hope they consider the environmental impact of developing Gadchiroli. The forests and tribal communities there need protection. Development shouldn't come at the cost of ecology.
A
Amit S.
Maharashtra becoming an AI hub is great for tech professionals like me! More job opportunities and innovation centers mean we won't have to relocate abroad for cutting-edge work. The port development sounds ambitious too!
S
Sneha P.
AI in agriculture could be revolutionary for our farmers! 🌾 But implementation is key - hope they involve local farming communities in developing these solutions rather than imposing top-down tech.
V
Vikram J.
The claim about 80% MOUs being in action sounds impressive, but I'd like to see more transparency about which projects are actually operational versus just on paper. Accountability matters in such large investments.
N
Neha T.
As someone from Konkan region, I'm cautiously optimistic about the port development. It could bring jobs, but hope they don't destroy our coastline and fishing communities in the process. Sustainable development please!

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Your email won't be published

Tags:
Maharashtra Devendra Fadnavis AI Technology Startups Fintech Gadchiroli Innovation
You May Like!