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MSMEs to power Maha growth

The Free Press Journal

|

January 01, 2026

New Industry, Investment and Services Policy targets jobs, smart manufacturing and global capital to boost the state's economy

- Ravikiran Deshmukh

Maharashtra's new Industries, Investment and Services (II&S) Policy 2025 sets an ambitious target of turning the state into India's first trillion-dollar economy by 2030, backed by ₹70.5 lakh crore in investments and the creation of 50 lakh jobs.

Cleared by the state cabinet in Nagpur earlier this month for which the GR was issued on Wednesday, the policy lays out a growth roadmap anchored in manufacturing and services. Manufacturing is projected to expand at around 15%, while the services sector is expected to grow at 12-13% over the period. Together, the two are expected to power Maharashtra's push towards the trillion-dollar milestone.

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