Deepak Parekh: Encourage Industrialists To Redevelop Slums, Avoid Politicisation

#DeepakParekh #maharashtraelections #mumbaislum #Redevelopment #MumbaiDevelopment After casting his vote for the Maharashtra Assembly elections, former HDFC Chairman Deepak Parekh spoke about businesses moving outside Maharashtra. He stressed the need to incentivize companies and make it easier to set up industries in the state. He emphasized that the government should encourage industrialists to establish factories and simplify the process of acquiring land. Parekh noted that Gujarat has taken a lead over Maharashtra, while Mumbai has evolved into a great city. He also highlighted the growing population and the need for redevlopment of slum areas. He mentioned that when industrialists attempt to redevelop slums, some politicians oppose it. Parekh argued that such efforts should be encouraged, as they contribute to the redevelopment of slums and improve the city's infrastructure.