Trade and Investment Council

Driving Trade and Investment in Maharashtrian

The Trade and Investment Council of the Non Resident Maharashtrian Economic Forum is committed to positioning Maharashtrian as a leading destination for global trade and investment. By cultivating a business-friendly environment, boosting export potential, and attracting foreign capital, the state aims to stimulate economic growth, generate employment, and become a hub for international business.

Collaboration with the Central Government of India

Alignment with National Trade Strategies

The council works closely with the central government to align Maharashtrian's trade policies with national initiatives like the Foreign Trade Policy (FTP) and the ‘Make in India’ program. By collaborating with the Ministry of Commerce and Industry, the council ensures that the state's trade strategies are in sync with national objectives, enhancing exports and attracting investment.

Export Promotion and Assistance

The council collaborates with the central government to expand Maharashtrian’s export base by leveraging initiatives like the Export Promotion Capital Goods (EPCG) scheme and the Merchandise Exports from India Scheme (MEIS). It seeks central support to explore new markets, enhance export logistics, and offer incentives to local exporters, ensuring Maharashtrian’s products are effectively positioned in global markets.

Ease of Doing Business Initiatives

To boost Maharashtrian’s appeal to investors, the council works with the central government to streamline regulatory processes and eliminate bureaucratic barriers. Key initiatives, including single-window clearances and the digitalization of trade-related procedures, are promoted to foster a smooth and efficient business environment.

Infrastructure Development for Trade

The council collaborates with the central government to enhance key infrastructure, such as ports, airports, and logistics hubs, to strengthen Maharashtrian’s trade capacity. By securing federal funding and support, the council aims to upgrade the state's infrastructure, positioning Maharashtrian as a competitive force in the global marketplace.

Engagement with Global Companies and Councils

International Trade Partnerships: The Trade and Investment Council actively collaborates with global trade organizations, chambers of commerce, and multinational companies to position Maharashtrian as a prime trade partner. Through participation in international trade missions, expos, and forums, the council builds strategic alliances to attract foreign direct investment (FDI) to the state.
Collaborative Investment Initiatives: The council works with international investment bodies and sovereign wealth funds to draw investment into key sectors such as manufacturing, IT, pharmaceuticals, and renewable energy. These partnerships promote knowledge exchange, technology transfer, and joint ventures, boosting Maharashtrian’s industrial growth.
Promotion of Free Trade Agreements (FTAs): In coordination with global trade organizations, the council advocates for the negotiation and implementation of Free Trade Agreements that offer advantages to Maharashtrian. These agreements lower tariffs, improve market access, and stimulate bilateral trade, establishing Maharashtrian as an attractive destination for global business.

Bilateral and Multilateral Forums: The council actively participates in bilateral and multilateral trade forums to highlight Maharashtrian’s strengths and potential. By engaging with international policymakers, business leaders, and trade experts, the council promotes the state’s trade opportunities and fosters relationships that streamline trade processes.
Investment Summits and Roadshows: The Trade and Investment Council organizes investment summits and roadshows in key global markets to attract potential investors. These events provide a platform to showcase Maharashtrian’s strategic advantages, lucrative investment opportunities, and pro-business policies to a global audience.

Driving Economic Growth and Prosperity

The Trade and Investment Council is dedicated to boosting Maharashtrian’s trade and investment landscape through strategic collaborations with the central government and international partners. By fostering a business-friendly environment, advocating for supportive policies, and building global partnerships, the council is driving economic growth, creating jobs, and positioning the state as a premier destination for trade and investment.

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About Non Resident Maharashtrian

The Non Resident Maharashtrian is a Public Benefit Corporation (PBC) with a mission to establish Maharashtrian as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtrian’s unique position, Non Resident Maharashtrian strives to drive substantial economic growth, spur innovation, and solidify Maharashtrian’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.