Maharashtra Government launches comprehensive Industries Investment and Services Policy 2025 representing sweeping overhaul of economic strategy to power trillion-dollar economy vision. Policy outlines aggressive growth plan targeting 15% annual growth in manufacturing and 12-13% in services helping Maharashtra reach USD 1 trillion by 2030 and USD 5 trillion by 2047. Chief Minister Devendra Fadnavis divides journey into three milestones for 2029, 2035 and 2047 with new policy acting as engine driving phased progress. Investment targets include Rs 41.5 lakh crore for manufacturing sector and Rs 29 lakh crore for services sector totaling Rs 70.5 lakh crore (USD 850 billion) across all sectors. Policy aims to create 50 lakh direct employment opportunities with manufacturing contributing 20% to State GSDP by 2047 while services sector retains dominant role. Strategic focus on sector-specific expertise faster decision-making and single-window clearances through streamlined approval mechanisms. Smart infrastructure development includes creation of 20+ smart townships and 5,000+ acre Ultra Mega Parks under public-private partnership model with plug-and-play industrial facilities. Infrastructure built on green smart and circular economy principles promoting sustainable industrial development and environmental compliance. Balanced Regional Development Programme covers 27 districts across two categories targeting areas with per-capita income lower than national or State averages. Initiative aims to launch 650+ projects in under-developed zones with incentivized land allotment fast-track clearances and focused infrastructure support. Policy provides structured industrial investment incentives and subsidies encouraging investments in emerging and backward districts promoting inclusive growth. Implementation framework emphasizes unlocking economic potential of low-industrialized districts ensuring geographical balance in industrial development and creating employment opportunities across Maharashtra.
Maharashtra Industries Policy 2025: Targeting Rs 70.5 Lakh Crore Investment and Trillion Dollar Economy by 2030
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