To bolster its Information Technology (IT) and IT-enabled services sectors, the Maharashtra government conducted a roadshow in Bengaluru, the tech hub of India, on Tuesday. The initiative aims to attract investments into Maharashtra’s burgeoning IT landscape, aligning with the state’s ambitious IT policy adopted last year.
Official from Maharashtra Industrial Development Corporation (MIDC), disclosed that the state is targeting investments amounting to a staggering Rs 95,000 crore in the IT sector. The roadshow, held in collaboration with industry body Assocham, witnessed participation from prominent companies such as IBM, Adobe, Wipro, J P Morgan Chase, and Linkedin, among others.
According to officials from Maharashtra’s development commissioner for industries, the state is actively seeking investments in cutting-edge technologies including Internet of Things (IoT), Artificial Intelligence (AI), robotics, augmented reality (AR), and virtual reality (VR). The conducive business environment, robust infrastructure, uninterrupted power and water supply, and a highly skilled workforce are highlighted as key factors driving Maharashtra’s IT sector growth.
Moreover, Maharashtra’s reputation as the data centre hub of the country adds to its allure for potential investors. The state aims to double its data centre capacity over the next 4-5 years, positioning itself as a global hub for capability centres. Currently, Mumbai, Pune, and Nagpur serve as key locations for numerous IT, IT-enabled services (ITeS), and global capability centre (GCC) players. With the proactive stance of the Maharashtra government and the state’s conducive business ecosystem, these cities are poised for further growth and innovation in the IT sector.
The roadshow in Bengaluru underscores Maharashtra’s commitment to fostering a vibrant and dynamic IT ecosystem, leveraging the synergies between the state’s business-friendly policies and the technological prowess of India’s leading tech companies. As Maharashtra continues to position itself as a prime destination for IT investments, collaborations between industry stakeholders and the government are poised to drive the state’s digital transformation journey forward.
