This type of recognition helps in getting assistance from the top financial institution such as the World Bank. It also helps in receiving a good amount of investment. Maharashtra received almost half of the FDI that would come to India and a good number of World Bank projects, during his tenure.
In 2017, Devendra Fadnavis became the recipient of Frost & Sulivan’s “Growth, Innovation, and Leadership Award for Economic Development in India.”
Frost & Sullivan is a business consulting firm involved in market research and analysis, growth strategy consulting, and corporate training across multiple industries across the world.
The award was based on Growth Innovation Leadership (GIL) Index, a robust data-driven indexing methodology that is applied to evaluate each of India’s 29 states over the below mentioned 10 pillars:
- Digitization
- Economic Prosperity
- Education
- Government Effectiveness
- Investment Potential
- Women Empowerment
- Infrastructure development
- Employability
- Health Improvement
- Mobility Measures
Through discipline in action, Maharashtra as a state as well as its leadership has shown how to make an impact on people and drive economic development. Other states across India should benchmark against Maharashtra’s holistic approach to development and replicate wherever possible. I would like to congratulate the Honorable Chief Minister Shri Devendra Fadnavis and his team for achieving this excellence.
–The Global President & Managing Partner of Frost & Sullivan


