India, Dec. 12 -- The state cabinet on Thursday cleared its ambitious Industries, Investment & Services (II&S) Policy 2025, outlining a roadmap to become India's first trillion-dollar state economy by 2030. The policy aims to attract investment amounting to Rs.70.5 lakh crore and create 50 lakh jobs by 2030, with a thrust on manufacturing, a sector expected to grow at 15%, and services, which would grow at 12-13%.

A new, unified investment promotion body, Invest Maharashtra, with a Rs.3,000-crore outlay, will lead investor facilitation, while the state industries department has also been reorganised into the industries, investment & services department with dedicated MSME and Services Commissionerates.

To boost infrastructure, the state...