Maharashtra Approves ₹70.5 Lakh Crore Investment Policy Aiming for $1 Trillion Economy by 2030

Maharashtra's state cabinet has approved the Industries, Investment & Services (II&S) Policy 2025, targeting a trillion-dollar economy by 2030. The policy aims to attract investments of ₹70.5 lakh crore and create 5 million jobs, focusing on manufacturing and services sectors.

A new investment body, Invest Maharashtra, will facilitate investments with a budget of ₹3,000 crore. Plans include establishing over 20 smart industrial townships, 5,000-acre Ultra Mega Parks, and improving infrastructure with industrial corridors.

The policy also introduces the Emerging Districts Initiative, offering incentives to 27 districts, including ₹1-per-acre land for Fortune 500 companies. Manufacturing priorities include advanced materials, aerospace, defence, semiconductors, EV components, chemicals, textiles, pharmaceuticals, solar wafers, green hydrogen, and circular-economy industries.