On November 23, 2024, Maharashtra’s electorate delivered the most decisive state assembly verdict since 1995, handing the Bharatiya Janata Party (BJP)-led Mahayuti a landslide victory. This signifies not only a rejection of the instability that marred the 2019-2024 cycle but also a resounding call for robust governance.
Maharashtra has long attracted domestic and international investment, helped by its strategic location, infrastructure, and progressive policies. The state has carved out a niche in IT, electronics manufacturing, and automotive industries, positioning itself as one of India’s economic powerhouses. Thus, Maharashtra’s continued success directly impacts the national economy. The new government has a unique opportunity to leverage this mandate to steer the state toward a prosperous and inclusive growth trajectory.
Key economic centres (KECs) like Mumbai, Pune, and Nagpur have led the state’s economic charge. The ambitious NITI Aayog master plan aims to transform the Mumbai Metropolitan Region (MMR) into a global economic hub by 2030, doubling its Gross Domestic Product (GDP) from ₹12 lakh crore to ₹26 lakh crore. This vision, complemented by infrastructure projects such as the........