Investors Keen on Doing Business in Maharashtra: Fadnavis

Mumbai: Maharashtra Chief Minister Devendra Fadnavis said global investors have evinced interest to invest in the state in the information technology, manufacturing and agriculture sectors.

"India was the main attraction at the World Economic Forum and global investors are ready to invest in Maharashtra. I had about 30 meetings where investments in the field of IT, manufacturing and agriculture sector were likely. Investors were keen to partner Maharashtra in these areas and I explained to them what the state has to offer," Mr Fadnavis, who returned from Davos, told reporters here.

Asked about scrapping of the River Regulation Zone (RRZ) policy, he said it was illegal and hence was scrapped. "It is not to benefit anybody. We will adopt the Centre's policy in this regard. The state government was not entitled to have a separate RRZ policy," he said.

The state government had last week decided to scrap the RRZ policy, which made areas within two kilometres of high flood lines on either side of river basins as no-development zones.

The decision was taken on the eve of the scheduled departure of Mr Fadnavis and a delegation of state officials for the Davos World Economic Forum.

Mr Fadnavis said the state government had sought opinion from the law and judiciary department on the policy, adopted by the previous government.