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.
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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.”
