India, Sept. 17 -- The Maharashtra cabinet on Tuesday cleared a Rs.3,268-crore policy to boost the Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR) industry in the state, with an aim to attract investments worth Rs.50,000 crore and generate 200,000 high-tech jobs over the next 25 years, according to officials.

This is the first such policy for the AVGC-XR industry in Maharashtra. The decision paves the way for policy-based interventions such as incentives, concessions, land reservation and digital infrastructure upgrades for the sector, officials said.

According to the policy document approved by the cabinet, the aim is to establish and support state-of-the-art AVGC-XR parks, clusters, studios, virtual productio...