Maharashtra Chief Minister Devendra Fadnavis on Thursday said the state is progressing swiftly towards achieving a USD 1 trillion economy, aligning with India's broader target of becoming a USD 5 trillion economy, and sought support from the Asian Infrastructure Investment Bank (AIIB) in realizing the goal, reported news agency PTI.

Speaking at a meeting with Ajay Kumar Pandey, Vice President of Investment Solutions at AIIB in Mumbai, Fadnavis said that Maharashtra is working on a comprehensive roadmap to become a developed state by 2047.

"The state's development plan is structured in three phases -- short-term, mid-term, and long-term. Several key infrastructure projects are underway, with more in the pipeline. Financial institutions like AIIB will play a crucial role in executing these projects," Fadnavis said, reported PTI.