“Mumbai has lived its time as the financial capital, but it will always be the tech capital,” Fadnavis said at the Mumbai Tech Week 2025, highlighting the city’s role in driving digital transformation, tackling cybercrime, and fostering innovation. “We are focusing on the tech revolution.”
Fadnavis highlighted the evolving nature of crime, noting a significant rise in cyber-related offences. “We foresee a time when 70% of crimes will be cyber-related, with only 30% being street crimes,” he said.
To combat this, Maharashtra has established a dedicated cyber headquarters and developed an integrated platform connecting banks, Non-Banking Financial Companies (NBFCs), and other institutions to address online fraud effectively.
Fadnavis acknowledged Mumbai’s past infrastructure challenges that led IT hubs to shift to Hyderabad and Bengaluru but is optimistic about current progress.
He highlighted that Navi Mumbai now holds 60% of India’s data centre capacity. Additionally, he said the upcoming launch of M-Hub, an incubator for startups, aims to foster innovation and provide “plug-and-play” workspaces to attract tech firms back to the city.
Mumbai Tech Week 2025
Co-hosted by the Government of Maharashtra and the Tech Entrepreneurs Association of Mumbai (TEAM), Mumbai Tech Week 2025 runs from February 28 to March 1. The event aims to position Mumbai as the “AI Use Case Capital for Asia,” focusing on AI’s transformative impact across sectors such as finance, media, manufacturing, and entertainment.
The main conference, held at the Jio World Convention Centre in Bandra-Kurla Complex on February 28 and March 1, features:
Keynote Speeches and Panels: Featuring prominent speakers like Rajeev Chandrasekhar (former Minister of State for the Ministry of Electronics and Information Technology), Akash Ambani (Reliance Jio), Sandhya Devanathan (Meta India), Niki Parmar (Anthropic), Vijay Karunamurthy (Scale AI), and former cricketer Rahul Dravid.
Startup Pitch Fest: A platform for entrepreneurs to present innovative ideas to potential investors.
Innovation Showcase and Job Fair: Connecting talent with leading tech companies and startups.
Masterclasses: In-depth sessions on AI adoption and sector-specific strategies.
Prominent policymakers, including Union Ministers Piyush Goyal and Ashwini Vaishnaw, along with Chief Minister Fadnavis, are slated to address the gathering, underscoring the government’s commitment to technological advancement.
