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The Times of India
The Times of India
National
Chittaranjan Tembhekar | TNN

AI & manufacturing can turn Maharashtra into $ 1 trillion economy by 2028: EAC Report

MUMBAI: Within six months of setting up an economic advisory council (EAC) led by Tata Sons chairman N Chandrasekaran and 20 other industry giants, government, social and economic experts, to suggest measures to make Maharashtra a $1 trillion economy by 2028, it recommends a strong focus on making state an AI capital besides creating large manufacturing hubs to add over 15 million jobs.

It further suggests agriculture, tourism and energy as prominent growth engines to accelerate the economy. It said the $1trillion economy is an achievable target given an average 9% growth rate exhibited by the state in the past over five years. The report however also shows the regional imbalance and hence wants all areas of Maharashtra to be brought into the main economic cycle.

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