Maharashtra govt to simplify process to set up industries: Thackeray

In a bid to encourage business persons to set up more and more industries in Maharashtra, state government has announced that it would simplify the process of doing so in the state.

Mumbai: Maharashtra Chief Minister Uddhav Thackeray on Tuesday said his government would simplify the process of permissions required for setting up industries in
the state.

Interacting with private equity (PE) firms through video conference, Thackeray said the MVA government has adopted apro-industry policy to attract investment in the
post-COVID-19 era.

"Just like coronavirus has taught us to stay home, stay safe, you (PE firms) advise investors to invest in Maharashtra. Their investment will be safe here," he said.

He said the government would simplify the process of permissions required for setting up industries in the state.

The chief minister said industries which don't require too many permissionscan start operations immediately.

Such industries can be started in green industrial zone and they can benefit from the existing single window system for clearances, he said.

Industries minister Subhash Desai, who also attended the video meeting, said the number of permissions needed to set up ventures in the state has already been brought down from 76 to 25.

He said a pharma park and an electronic park have been proposed to be set up near Mumbai.

Manish Kejriwal of Kedaara Capital, Sanjay Nair of KKR India, Amit Dixit of Blackstone and Amit Chandra of Bain Capital, among others, participated in the meeting.

(PTI report)