Maharashtra CM Devendra Fadnavis Urges Creation Of War Room, Alternate Markets And Export Portal To Counter US Tariff Impact

Mumbai: Besides urging the state administration to develop alternate markets to offset the impact of US tariffs, Chief Minister Devendra Fadnavis on Thursday emphasised the need to enhance facilities under the ease of doing business (EoDB).

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He told the officials to convert the adversity into an opportunity while taking a review of the global import-export policy, post the US move. “We can make 100 changes in the current list of the EoDB,” Fadnavis said, directing the creation of a separate war room for it along with a monthly review of the EoDB. Among the measures taken under the EoDB, Maharashtra is the first state in the country to issue fire licenses for one year to industries.

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The Maitri Act, passed in 2023, aims to streamline the development of industries. Just two documents were needed to avail a new electricity connection, the CM said. Besides creating a land pool for fast distribution of the plots to set up industries, a dedicated export portal to increase exports can be started, Fadnavis said. Meanwhile, the state has already set up a panel headed by Apoorva Chandra to work on modalities to mitigate the crisis in the wake of the US Tariff that has gone up to 50%