During the 'Kumbh Udyog Sangam and Nashik district Investment Summit', Maharashtra Chief Minister Devendra Fadnavis highlighted the rise of various districts as new industrial investment hubs. He noted that 314 Memorandums of Understanding (MoUs) were signed, potentially attracting over ₹14,000 crore (approximately $1.7 billion USD) in investments. Fadnavis emphasized that regions like Nashik, Palghar, Raigad, and others are now becoming attractive for both large and small-scale industries, moving away from the traditional focus on Mumbai and Pune. He also mentioned a significant infrastructure initiative worth ₹33,000 crore (approximately $4 billion USD) aimed at enhancing Nashik's facilities ahead of the Simhastha Kumbh Mela, which is expected to transform the local economy, projecting it to reach ₹3 lakh crore (approximately $36 billion USD) in the next decade. Additionally, Fadnavis discussed efforts to purify the Godavari River and the use of digital technology during the Kumbh Mela.