State clears II&S policy, sets $1 trn goal by '30
NAGPUR, 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. To boost infrastructure, the state will set up over 20 smart industrial townships and 5,000-acre Ultra Mega Parks.
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