Mumbai: In response to the recent tariff hikes announced by the United States, Maharashtra Chief Minister Devendra Fadnavis chaired a high-level meeting to assess the potential impact on the state’s economy, particularly export-driven industries.
Key issues such as GDP, employment, and commerce were discussed during the preliminary round of the meeting. CM Fadnavis highlighted the need to thoroughly examine the potential consequences of the US tariff policy on Maharashtra’s export-oriented industries and its competitiveness in global markets.
He assured that the state government will coordinate closely with the central government to design and implement necessary countermeasures to safeguard the interests of industries and maintain economic stability. “Maharashtra is committed to protecting the interests of its industries and strengthening its economy,” the Chief Minister asserted.
The state will also seek guidance from the central government on handling the emerging economic challenges, he added.
The meeting was attended by the Chief Minister’s Chief Economic Advisor Praveensingh Pardeshi, Additional Chief Secretary of the Finance Department O.P. Gupta, Additional Chief Secretary of the Planning Department Rajgopal Deora, Additional Chief Secretary of the Energy Department Abha Shukla, State Tax and GST Commissioner Ashish Sharma, Industries Secretary Dr. P. Anbalagan, MITRA’s Joint CEO Aman Mittal, economists Sanjeev Saxena, Professor Satyanarayan Kothe from Mumbai School of Economics, and Rishi Shah.
