The Government of Maharashtra has officially unveiled its ambitious Industries, Investment and Services (II and S) Policy 2025, marking a transformative shift in the State’s economic strategy. This policy aims to position Maharashtra as India’s first trillion-dollar economy and a trusted global hub for investment, by fostering smart manufacturing, high-value services, inclusive growth, and sustainability. Maharashtra Industries, Investment and Services Policy 2025 sets the roadmap for Manufacturing sector to grow at 15% and Services sector to grow at 12-13% for the State economy to reach 1 trillion Dollar by 2030 and 5 trillion dollar by 2047.

 

The Chief Minister of Maharashtra Devendra Fadnavis has planned growth in three phases--2029, 2035 and 2047. The policy will make the growth to achieve in those phases. At the heart of the policy lies a clear and compelling vision, to position Maharashtra as the most attractive destination for domestic and international investors. The policy sets out to achieve Rs 70.5 lakh crore (850 billion dollar) in total investments, with Manufacturing sector target of Rs 41.5 lakh crore and Services sector target of Rs 29 lakh crore. It also targets the creation of 50 lakh direct jobs within the policy period. The Manufacturing sector is expected to contribute 20% to the State’s GSDP by 2047, while the Services sector continues to be a key growth engine. To drive this transformation, the Government has introduced several institutional reforms. A new body, Invest Maharashtra, will serve as the State’s unified investment promotion agency, backed by a Rs 3,000 crore outlay.

 

The Industries Department has been restructured and renamed as the Industries, Investment and Services Department, with dedicated Commissionerates for MSMEs and Services. These changes are designed to streamline governance, improve investor facilitation, and ensure sector-specific focus. The policy also emphasizes infrastructure development through physical interventions such as the creation of 20+ smart townships and 5000+ acre Ultra Mega Parks (under PPP model) to position Maharashtra among Asia’s top 3 industrial hubs. These industrial areas shall be developed with smart, green, and circular economy principles, offering plug-and-play infrastructure to attract large-scale investments. Additionally, the State will establish a GIS-enabled land bank, promote private industrial parks, and enhance connectivity through industrial corridors and multimodal transport networks. On the soft intervention front, the policy introduces a revamped MAITRI 2.0 portal, integrating over 125 services with Al-powered investor support, blockchain-based document verification, and real-time compliance tracking.

 

The biennial Magnetic Maharashtra Global Investment Summit will be relaunched to showcase the State’s strengths to global investors, while district-level investment summits will unlock regional potential and promote balanced development. Maharashtra is turning its low-industrialised regions into engines of growth through the Emerging Districts initiative. This initiative covers 27 districts across Zone 1 (districts with per capita income less than India 1,88,892) and Zone 2 (districts with per capita income less than Maharashtra 2,78,681 but more than per capita income of India). The policy aims to establish 650+ projects across Zone 1 and 2, driving regional and balanced development of the State. Backed by marquee incentives like 1-per-acre land for global giants, fast-track approvals, and priority support, this programme is set to unlock untapped potential and power inclusive industrialisation across the State.