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US tariffs: Maharashtra govt will explore new markets, says CM Fadnavis

Speaking to reporters CM Fadnavis said that the state government will do everything possible to turn this crisis into an opportunity by exploring new markets. When one door closes, many others open. We are actively looking for new avenue

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Maharashtra government has also begun consultations with the Union government, CM Fadnavis said. File Pic

Maharashtra government has also begun consultations with the Union government, CM Fadnavis said. File Pic

Maharashtra Chief Minister Devendra Fadnavis announced on Wednesday that the state government has set up a dedicated war room to address the situation arising from the United States imposing a 50 per cent tariff on Indian goods, effective from August 27, reported the IANS.

Speaking to reporters after performing Ganesh Chaturthi puja at his official residence Varsha in Mumbai, CM Fadnavis said, “The government will do everything possible to turn this crisis into an opportunity by exploring new markets. When one door closes, many others open. We are actively looking for new avenues,” according to the IANS.

He further explained that the war room will focus on identifying alternative export markets, improving competitiveness, and reducing production costs. The state aims to implement nearly 100 key improvements to help local industries adapt to global challenges.

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