The US-India Strategic Partnership Forum (USISPF) led a delegation of U.S. companies to meet with Chief Minister Devendra Fadnavis during the Magnetic Maharashtra: Convergence 2018 Summit to explore investment opportunities.
In order to promote business opportunities for foreign investors, the state launched Magnetic Maharashtra, its first ever state investor summit to offer insights and opportunities for collaborations between India and global industry leaders.
Pradeep Lankapalli, Managing Director for Thomson Reuters in India and Co-Chair of USISPF's Financial Services committee lauded the chief minister's vision and steps taken to promote foreign investments.
"The Chief Minister's aim of job growth along with his economic objectives makes Maharashtra an ideal state for companies like Thomson Reuters to expand their investment portfolio," he said.
"Maharashtra is leading the way in manufacturing and has helped India jump the ranks in ease of doing business. The state is a role model for other Indian states, and our member companies are looking to invest in states like Maharashtra, where there is great potential for growth," added President of USISPF, Mukesh Aghi.
USISPF's multi-sectoral delegation included companies like Exxon Mobil, Paypal, Huntsman, Ecolab, Thomson Reuters, Azure Power, Corning, and SannamS4.
Fadnavis assured the companies of his commitment to strengthening their relationship with the state government.