PM Modi at the Magnetic Maharashtra Investors Summit in Mumbai. (Source: Twitter/DevendraFadnavis)
Prime Minister Narendra Modi on Sunday inaugurated the global investors summit in Maharashtra and praised the Fadnavis government for aiming to achieve a one trillion dollar economy by 2025. In his first order of business, the PM laid the foundation of Navi Mumbai International Airport which is being developed to share the burden of the Chhatrapati Shivaji International Airport in the state.
Addressing the Magnetic Maharashtra event, Modi said that with the constant efforts of his government to change the pre-existing conditions, India is now aiming to be part of the five trillion dollar club. “This has happened by creating an atmosphere of governance, people-friendly policies and reducing the government’s interference,” Modi added. During the inaugural address Reliance, Chairman Mukesh Ambani pledged an investment of Rs 60,000 crore in the state to develop Integrated Industrial Area in Maharashtra with a coalition of global companies to make the state the “Cradle of fourth industrial revolution.”
PM will next inaugurate the Wadhwani Institute for Artifical Intelligence at the University of Mumbai.
PM Modi in Maharashtra Highlights:
- Mayur PanghaalFeb 18, 2018 at 11:00 pmPak wont dare attack india if Modi becomes PM : Amit shah before elections.Reply
- Mayur PanghaalFeb 18, 2018 at 10:59 pmये सस्ता नशा करता है .Reply
- Feb 18, 2018 at 8:29 pmThe French revolution started when the Queen said to the hungry peasants that "If they cannot afford bread, then eat cake!". I see similar situation arising in India! The elites in India should understand the ground reality. All show and no substance is not going to help!Reply
- Feb 18, 2018 at 9:35 pmWhat's ground reality which you know and economists don't know?Reply
harun hafeezFeb 18, 2018 at 9:40 pmabsolutely ,Modi is going about doing the very same.I hurts to see the farmer so dam helpless and his insurance hasnt been paid to add to the Natures fury.A farmer told that in 3 years none of the announcements made have been delivered.Reply
- Prasanta MishraFeb 18, 2018 at 8:22 pmEk aur ribon cut,2trlion economy inhereted jiska bantadhar ho raha hai.Reply
- Feb 18, 2018 at 9:33 pmWhy so caustic?Reply
- Feb 18, 2018 at 8:21 pmVikram kotari of Rotomac flees INDIA with 800 Crores.Reply
- Feb 18, 2018 at 9:36 pmWhat your statement has to do with news here?Reply
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PM Modi concludes his speech at Wadhwani Institute of Artificial Intelligence and that's an end for day's schedule for the PM in Maharashtra.
We need to Make Artificial Intelligence in India and Make Artificial Intelligence work for India! I would urge all of you to identify the grand challenges that Artificial Intelligence can solve for India: PM Modi
Can we make the future less about machines displacing humans to a future about humans becoming better humans by converting their weaknesses into their strengths for the greater good of mankind: Modi
Can we take the global lead on creating Artificial Intelligence that is less about making humans redundant and more about enhancing human abilities and expanding human capacities: Modi
The march of Technology cannot be at the expense of further increasing the difference between societies over access to technology. The evolution of Technology has to be rooted in the ethic of Sabka Saath, Sabka Vika: Modi
The road ahead for Artificial Intelligence depends on and will be driven by Human Intentions. It is our intention that will determine the outcomes of artificial intelligence: PM Modi
With the arrival of Artificial Intelligence, Bots and Robots, there is no doubt that our productivity will further go up. But, there are also rising fears of human redundancy because there is a competition between the mind and the machine: PM
Technology opens entirely new spheres and sectors for growth, It also opens up an entirely new paradigm of opportunities. With each wave of new technology, many new opportunities arise: PM
India is the fastest growing econoin of the world and we use technology in every field, witnessing a wave of entrepreneurship.
PM Modi dedicates the Wadhwani Institute of Artificial Intelligence to the nation. Modi congratulates Wadhwani brothers, the government of Maharashtra and Mumbai University on building the institute.
CM Fadnavis says that Artificial Intelligence will disrupt ever7y sector and we need to create Human Resource and AI can be a great change when deployed in remote rural areas.
PM Modi reaches Wadhwani Institute of Artificial Intelligence, set to dedicate the establishment to the nation.
PM Modi after inaugurating Magnetic Maharashtra, global investors summit is now headed to the University of Mumbai where he will inaugurate Wadhwani Institute for Artifical Intelligence.
Government working for ease of living, the more it increases the more empowerment will happen and in turn, our social and economic development will happen: Modi at Magnetic Maharashtra
We believe potential, policy, planning and performance leads to progress: Modi at Magnetic Maharashtra
Budget is not limited to outlay, output, focus of our budget is the outcome and by 2022 we want housing for all, and power for all by 2019. In this year's budget, we have speeded up the process of fuel for all and health for all: Modi at Magnetic Maharashtra
Modi says the government has reduced the norms and changed the Budget by removing the wall of the planned and non-planned structure, the budget amount now reaches to departments before time and more work is being done.
The government is accountable, democracy is participative and we are creating a transparent ecosystem for development which is the least dependent on the government by reducing norms, rules and laws: Modi at Magnetic Maharashtra
With the constant efforts to change the conditions, India is now aiming to be part of the five trillion dollar club. This has happened by creating an atmosphere of governance, people-friendly policies and reducing the government's interference.
Modi praises state government on aiming to achieve a trillion dollar economy. Modi said the development of Maharashtra is an example of change thinking and changed conditions in the country.
Recognising the state government's contribution, Modi says 51 per cent of total investments in India have come to Maharashtra, and the state is attracting global investors.
Praising Maharashtra government, Modi says the constant efforts of Maha government has helped in changing the Ease of Doing Business rankings. Fadnavis government has brought in a major change coupled with policy reforms, adds Modi at Magnetic Maharashtra.
PM Modi delivering the inaugural address at Magnetic Maharashtra says the more one is close to centre the more you feel the centre of the magnetic line and the magnetic lines of magnetic Maharashtra are close. Modi says the event is an example of competitive cooperative federalism.
Anand Mahindra urges PM Modi to tell his vision for Maharashtra and Mumbai, says investors are with him.
Industrial growth in Maharashtra has exceeded the ability of the state to provide required infrastructure, but under PM Modi it has changed, says Ratan Tata.
Virgin hyperloop to link central Pune to Mumbai reducing the time to 26 minutes. Virgin Hyperloop chairman, Steve Bresnon says the Hyperloop will carry 150 million passengers every year making India leader in transportation.
Reliance to establish Integrated Industrial Area in Maharashtra with a coalition of global companies with an estimate of Rs 60000 crore.
Mukesh Ambani says the new inventions will change the world, and make Maharashtra cradle of the revolution. India has the opportunity to be a leader in the global market, hints at the development of artificial intelligence. I
Credits PM Modi with visionary leadership, Ambani says Modi changed the mindset of all Indian and the New India vision is inspiring the country to achieve more.
Maharashtra will be the trusted partner of Centre to achieve 5 trillion dollar New India economy by 2025. Maharashtra will attain the one trillion dollar economy by 2025: CM Fadnavis
Megastar Amitabh Bachchan has given his voice to the audiovisual being presented at the inaugural ceremony of Magnetic Maharashtra investors summit.
According to CM Fadnavis here are the five ways to develop Maharashtra: Unlock the potential of high growth sectors, Unlock the potential of underemployed agriculture labour, special policy reforms for services and industries, increasing the public infrastructure, and create growth corridors to connect Mumbai metropolitan to unconnected areas of the state.
FDI worth $29 billion dollars have been attracted towards Maharashtra in 2016-17 and 50 per cent of all of FDI has come to Maharashtra. We working on making Maharashtra a Rs one trillion economy by 2025 and Indian a five trillion economy.
MoU worth Rs 8 lakh crore were signed in Make in India event that was organised in Mumbai in 2016. CM says under these MoUs Rs 77000 crore has gone into projects and this is with the same view to inviting the world to invest into Maharashtra.
CM Devendra Fadnavis welcomes business leaders to the global investors summit and says, this is a convergence of ideas, businesses, political and thought leadership.
PM Modi has reached the Magnetic Maharashtra investors Summit along with CM Devendra Fadnavis.
PM Modi will inaugurate the Magnetic Maharashtra Investors Summit shortly in Mumbai, where he will also deliver an inaugural address.
Flagship projects of the Maharashtra government will be displayed, such as the Mumbai Metro, Mumbai-Nagpur Super Communication Expressway, Mumbai Coastal Road, Mumbai Trans-Harbour Link and the Navi Mumbai International Airport.
This is Maharashtra's first Global Investors Summit and is being regarded as one of the biggest such events, especially on the lines of the 'Make In India' initiative launched by the Prime Minister in 2016. ALL YOU NEED TO KNOW