The Chamber of Associations of Maharashtra Industry & Trade (CAMIT) has
welcomed the Maharashtra State Budget 2026–27 presented in the Legislative
Assembly by Hon’ble Chief Minister Devendra Fadnavis, describing it as a forward-
looking, balanced, and growth-oriented budget that lays a strong foundation for the
vision of “Viksit Maharashtra 2047.”
Reacting to the budget, Dr. Dipen Agrawal, President of CAMIT, said that the
budget reflects visionary leadership by striking a thoughtful balance between fiscal
prudence, infrastructure expansion, welfare commitments, and long-term economic
growth.
Dr. Agrawal noted that the strong emphasis on connectivity, logistics, and urban
mobility infrastructure will significantly enhance Maharashtra’s industrial
competitiveness and investment attractiveness. The ambitious target of expanding
the metro network to nearly 1,200 km, development of 6,000 km of expressways
across the state, and major logistics initiatives including the Vadhavan Port project
and warehousing ecosystem will play a transformative role in reducing logistics
costs, strengthening supply chains, and accelerating the growth of manufacturing
clusters across Maharashtra.
“The scale of infrastructure expansion proposed in the budget is among the most
ambitious in the state’s history and will greatly improve ease of doing business
while positioning Maharashtra as a global investment destination,” Dr. Agrawal said.
Welcoming the government’s focus on the innovation economy, Dr. Agrawal
highlighted the announcement of a 130-acre Startup and Innovation Hub at
Wadala, which will further strengthen Maharashtra’s startup ecosystem and
encourage collaboration between industry, technology innovators, and global
investors.
Dr Agrawal also appreciated the proposal to establish a new MSME
Commissionerate, stating that a dedicated institutional framework will help improve
policy implementation, streamline compliance mechanisms, and provide faster
grievance redressal for small and medium enterprises, which form the backbone of
the state’s economy.
Dr. Agrawal further observed that the development of Vadhavan Port as a major
deep-sea port with integrated logistics and warehousing infrastructure has the
potential to become a key export gateway for India, significantly boosting trade,
shipping, and manufacturing supply chains.
Highlighting the importance of balanced development across regions, Dr. Agrawal
welcomed the proposal to develop Ramtek near Nagpur as a Film City, which could
create a new ecosystem for tourism, media production, and employment in the
Vidarbha region.
He also noted that measures aimed at strengthening the rural and agricultural
economy — including crop loan relief for farmers and the ambitious target of
bringing 5 lakh hectares under organic farming in the next four years — will
stimulate rural consumption, encourage agri-processing industries, and create
opportunities in organic food exports and value chains.
Dr. Agrawal said the budget reflects a balanced governance approach by
maintaining equilibrium between development expenditure, welfare initiatives, and
fiscal discipline, thereby ensuring sustained capital investment without placing
additional burdens on citizens or businesses.
“The Maharashtra Budget clearly articulates a long-term economic vision aligned
with the goal of Viksit Maharashtra 2047. The strong focus on infrastructure,
industry, innovation, and regional development will further reinforce Maharashtra’s
position as the growth engine of India,” Dr. Agrawal said.
He concluded by congratulating the Chief Minister and the Government of
Maharashtra for presenting what he described as “a brilliant and visionary budget
that effectively addresses present challenges while laying a powerful foundation for
the future growth of the state.”
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