‘BAE Systems’ keen to Manufacture Defence Equipment in State

Davos: ‘BAE Systems’ from Britain is keen on manufacturing defence equipment in Maharashtra. Chief minister Devendra Fadnavis announced this after a positive discussion in the meeting with the president of the company Roger Carr. He appealed the international investors to invest in Maharashtra and expressed confidence to take the economy to a trillion dollars in the next 7 to 8 years.

Chief minister Fadnavis had arrived to attend the world economic forum 2018 in Davos. The delegation led by Chief minister Fadnavis is communicating with the finance industries at the international level. He said that the GDP of Maharashtra has reached 400 billion and he expressed confidence that it will reach the level of one trillion in 7 to 8 years. Expressing this confidence, he appealed to the foreign investors to invest in Maharashtra.

Chief minister Fadnavis met with the ‘BAE Systems’ president Carr on the second day of the conference. ‘BAE Systems’ is a British multinational company in the fields of defence systems, security and aerospace. The company has shown willingness to promote defence equipment manufacturing in Maharashtra. They have also shown their willingness to work with the Indian companies for defence equipment manufacture. The company was assured of all the facilities to the company. International industry conference ‘Magnetic Maharashtra’ will be organised in Mumbai in the next month. The company has accepted the invitation to attend the conference.

Here, Chief minister Fadnavis is communicating with the leaders of the international industries. He said that this time the response from the foreign investors is positive. He expressed the confidence that the state is progressing fast and the GDP growth will reach 10%. He also said that Maharashtra has a 15% share in the national GDP and by 2025 it will reach 18% to 19%.

Meanwhile, Juergen Voegele, the senior director of ‘Food and agriculture Global Practice’ of the world bank met chief minister. The discussion about the climate resilient project ‘Nanaji Deshmukh Krishi Sanjeevani Yojana’ to be implemented with the help of the World bank took place at this time. Voegele informed the chief minister that as most of the requirements have been fulfilled with the central government, the World bank will soon take the decision in the matter.

Head of the food security initiatives of the world economic forum Sean de Cleene had a meeting with the chief minister. There were discussions about the use of value chain for the farmers, use of more and more technology for agriculture, use of the latest technology and need for healthy food in the meeting. There are efforts to start a centre of the world economic forum with different techniques in Mumbai. It is believed that the implementation of the science-technology based policies and exchange of information will become easier from this centre in Mumbai. Stress can be given on use of robotics, artificial intelligence and use of drones for agriculture, through the centre, he said.