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Mumbai, May 22 (PTI) Maharashtra Chief Minister Devendra Fadnavis connected Friday (May 22, 2026) said the State is poised to surpass the economies of Singapore and the UAE successful the adjacent 2 to 3 years, driven by accelerated maturation successful innovation, artificial intelligence, startups and infrastructure.
Maharashtra was not competing with immoderate different Indian State arsenic it has already go the world's 30th largest economy, helium said.
Speaking astatine the 'ImagineX 2026' lawsuit held astatine the Jio World Centre here, Mr. Fadnavis said Maharashtra has emerged arsenic the startup and unicorn superior of India and is present the country's starring State successful research, innovation and economical growth.
"Maharashtra is presently a $660 cardinal system and is the closest Indian authorities to achieving the people of becoming a $1 trillion economy," helium said during an interaction.
The Chief Minister said Maharashtra's system has grown from astir ₹14 lakh crore successful 2015 to ₹54 lakh crore today, registering much than three-fold maturation successful the past decade.
“Maharashtra is not competing with immoderate different Indian state. It has already go the world's 30th largest economy, and successful the adjacent 2 to 3 years it volition surpass the economies of Singapore and the UAE,” Mr. Fadnavis said.
He said the State has maintained an mean maturation complaint of astir 10% and is expected to execute the $1 trillion system people by 2030 contempt impermanent challenges specified arsenic El Nino conditions.
Mr. Fadnavis said exertion and artificial quality are acting arsenic "force multipliers" for Maharashtra's development. The State authorities has created a abstracted AI section and commissionerate to beforehand the usage of AI crossed governance and industry, helium added.
He said AI-based systems are already being utilized successful the transgression justness system, making the process from transgression country probe to filing of chargesheets afloat integer and blockchain-enabled.
The CM said the authorities has prepared a semipermanent "Viksit Maharashtra 2047" imaginativeness document with short-term goals for 2030, medium-term goals for 2035 and semipermanent goals for 2047.
To show implementation, the state has acceptable up a "Vision Management Unit" and created 2,000 information points for assorted authorities departments, helium said.
Mr. Fadnavis said Maharashtra has achieved a memorandum of knowing (MoU)-to-investment conversion complaint of 55-60% compared to the nationalist mean of 35%, portion agreements signed astatine the World Economic Forum Annual Meeting person recorded an implementation complaint of 85%.
Every concern connection is monitored done a dedicated narration manager and a war-room mechanism, helium added.
Highlighting the usage of AI successful agriculture, Mr. Fadnavis said the government's 'Mahavistar' app has been downloaded by 50 lakh farmers and provides agriculture-related services done AI-powered assistance.
He said the app besides supports the Bhilli tribal language, enabling tribal farmers to question guidance successful their autochthonal language.
“India has a young and ambitious population, with much than 65% of radical beneath the property of 35. Therefore, adopting AI volition not beryllium difficult,” CM Fadnavis said.
