Frost & Sullivan proudly presented its 2017 "Growth, Innovation and Leadership Award for Economic Development in India” to the Honorable Chief Minister of Maharashtra, Shri Devendra Fadnavis, to recognize the state government’s commendable endeavour toward economic development. Maharashtra ranked first in Frost & Sullivan’s annual ‘Growth Innovation Leadership (GIL) Index for Economic Development in India’ for 2017. Aroop Zutshi, Global President & Managing Partner, Frost & Sullivan and team presented the award to the Chief Minister at ‘Varsha’, the Chief Minister’s official residence in Mumbai.

Talking about the award, Zutshi said, “Through discipline in action, Maharashtra as a state as well as its leadership have 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.”

Growth Innovation Leadership (GIL) Index for Economic Development in India, a research-based index, evaluated each of India’s 29 states across 100 indicators and facilitated state-wise comparisons. It followed a robust, data driven indexing methodology that weighed the indicators of each state over the below mentioned 10 pillars: