Maharashtra's Chief Minister Devendra Fadnavis outlined the state's ambitious goal of becoming a $1 trillion economy by 2030 during the Confederation of Indian Industry’s Annual Business Summit 2026. He highlighted that Maharashtra accounted for 49% of India's major infrastructure projects in 2020, a trend that continues today. The state has implemented 25 out of a targeted 100 reforms aimed at enhancing the ease of doing business. Fadnavis emphasized the importance of policy continuity, stating there have been no drastic changes under successive governments. He also announced a commitment to reduce power costs by 3% annually from 2025 to 2030. With a current economy valued at $660 billion, Maharashtra represents 15% of India's GDP and attracts 40% of the country's foreign direct investment. The state has garnered ₹30 trillion (approximately $360 billion USD) in investment proposals at the recent World Economic Forum in Davos, showcasing its appeal to investors seeking stability and reliability. Fadnavis underscored the need for balanced regional development and the importance of innovation and quality of life in attracting talent and investment.