Mumbai: The Indian Chamber of Commerce (ICC) and the Government of Maharashtra today signed a Memorandum of Understanding (MoU) to enhance cooperation and strengthen engagement between Indian businesses and the State of Maharashtra, with a focus on investment facilitation, ease of doing business, and sustained industry–government dialogue.

The MoU was signed by Dr. P. Anbalagan, IAS, Principal Secretary (Industry, Investment and Services), Government of Maharashtra, and Dr. Rajeev Singh, Director General, ICC, in the presence of eminent business leaders.

Speaking on the occasion, Dr. Anbalagan said that the partnership with ICC would further strengthen Maharashtra’s engagement with industry and investors, reinforcing the State’s commitment to building a facilitative, transparent, and investor-friendly ecosystem.

Dr. Rajeev Singh stated that the MoU reflects ICC’s continued commitment to working closely with progressive State Governments and serving as a bridge between policymakers and industry to support sustainable economic growth.

The MoU outlines a broad framework for collaboration aimed at promoting Maharashtra as a preferred investment destination and deepening institutional engagement between the State Government and the Indian business community. Under the agreement, ICC and the Government of Maharashtra will work together to facilitate investor interactions, establish policy feedback mechanisms, and conduct structured engagements to support business growth and industrial development in the State.

As part of the collaboration, ICC will organise annual business delegations to Maharashtra to engage with senior State leadership, including the Hon’ble Chief Minister and key departments, and will also host ministerial and business delegations from Maharashtra at its flagship events across and beyond India to support the State’s domestic and international investment outreach aligned with its sectoral strengths.

The MoU also envisages regular industry–government interactions to enable direct feedback from businesses on regulatory processes, infrastructure, and ease of doing business initiatives, while providing opportunities for both parties to collaborate on mutually identified areas of interest and jointly support further activities. The MoU comes into effect immediately upon signing and will remain valid for an initial period of two years, subject to review and mutual agreement.