The CII Western Region annual meeting this year will focus on ‘changes that will catalyse growth.' The CII said given the current growth outlook globally and in India, Western India will play an important role in advancing the country's growth story.
Maharashtra, Madhya Pradesh, Gujarat and Goa contribute about 27 per cent of the country's GDP and are home to over 20 per cent of the country's population.
Policymakers and economic stakeholders would, therefore, have to navigate with care to stimulate economic growth and development in the region.
To create an enabling environment for this growth, there should be greater thrust on infrastructure, policy reforms and human capital. These will catalyse the western states achieve their aspiration for a sustainable and inclusive growth, the CII added. Speakers at the inaugural session will dwell on growth, and, importantly, on how to make it inclusive. The Maharashtra Chief Minister, Mr Prithviraj Chavan; the Deputy Governor, Reserve Bank of India, Dr Subir Gokarn; the CII President & Tata Steel Vice-Chairman, Mr B Muthuraman; the CII Western Region Chairman, & Nivo Controls Chairman, Mr Praveen Toshniwal; the CII President-Designate, & Godrej Group Chairman, Mr Adi Godrej; and the CII Director-General, Mr Chandrajit Banerjee, are expected to address the summit.