India, Sept. 17 -- The Maharashtra cabinet on Tuesday cleared a policy on Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR) industry, and granted the sector the industry and infrastructure status.

The policy proposes a Rs.3,268-crore plan till 2050 to boost the AVGC-XR ecosystem, which is expected to attract investments worth Rs.50,000 crore and generate 200,000 high-tech jobs over the next 25 years, the policy document said.

It proposes establishing and supporting state-of-the-art AVGC-XR parks, clusters, studios, virtual production facilities, testing labs and shared infrastructure across the state, including Tier 2 and Tier 3 cities. The government will provide relaxation in stamp duty, power tariffs and more i...