Maharashtra is reinforcing its position as a national leader in key industrial sectors, including chemicals, petrochemicals, pharmaceuticals, and agrochemicals, through decisive governance reforms and strategic initiatives. At the ASSOCHAM conclave “Catalyzing Maharashtra’s GDP to a US$1 Trillion Economy”, top state officials unveiled a series of measures aimed at transforming the state’s industrial and regulatory landscape.
Dr P Anbalagan, Secretary (Industry), Government of Maharashtra, said, “Maharashtra continues to lead in key sectors like chemicals, petrochemicals, pharma, and agrochemicals, not just in numbers, but in intent and action. With over 500 regulatory reforms, deep decriminalization efforts, and the launch of Maitri 2.0 as a statutory single-window system, we are removing friction from compliance and permissions.”
He further added that the state is collaborating closely with NITI Aayog and MITRA to simplify regulations and foster a more business-friendly environment. Key focus areas include enhancing ease of doing business, cutting down regulatory burdens, and decriminalizing civil offences as part of broader reform efforts, he said.
Further, in a keynote address, Praveen Pardeshi, Chief Executive Officer of Maharashtra Institution for Transformation (MITRA) and Chief Economic Advisor to the Chief Minister, highlighted the need for balanced regional development.
While noting that Mumbai, Thane, and Pune currently contribute over 54 per cent of Maharashtra’s GDP, he stressed the importance of shifting focus to eastern Maharashtra.
Praveen Pardeshi also outlined MITRA’s collaboration with MIDC to adopt sustainable land-use practices, drawing inspiration from countries like England, Germany, and Japan, where industrial growth is achieved through efficient land recycling rather than expansion.
At the event, ASSOCHAM and EY released a joint report titled “Catalyzing Maharashtra’s GDP to a US$1 Trillion Economy,” highlighting ASSOCHAM’s role in connecting industry and government to promote tradeTrade. The chamber remains focused on policy support, knowledge sharing, and skill development to help drive India’s economic growtheconomic growth.