Nagpur: In a sweeping overhaul of its economic strategy, the Government of Maharashtra has launched the Industries, Investment and Services (IIS) Policy 2025, a comprehensive blueprint aimed at transforming the State into India’s first trillion-dollar economy and a globally competitive investment destination.
The policy outlines an aggressive growth plan for the next two decades, targeting a 15% annual growth in manufacturing and 12–13% in services to help Maharashtra reach USD 1 trillion by 2030 and USD 5 trillion by 2047. Chief Minister Devendra Fadnavis has divided the journey into three milestones: 2029, 2035 and 2047, with the new policy acting as the engine driving this phased progress.
Gold Rate
12 dec 2025
Massive investment targets and job creation
The Government has set its sights on attracting Rs 70.5 lakh crore (USD 850 billion) in investments across sectors.
• Manufacturing: Rs 41.5 lakh crore
• Services: Rs 29 lakh crore
The policy also aims to create 50 lakh direct jobs within the policy period, with manufacturing alone expected to contribute 20% to the State’s GSDP by 2047, while the services sector continues to retain its dominant role.
Major institutional reforms
To streamline governance and improve investor facilitation, the State has initiated structural reforms:
• Invest Maharashtra: A new unified investment promotion agency with an outlay of Rs 3,000 crore
• Industries Department Recast: Now renamed the Industries, Investment and Services Department, featuring dedicated commissionerates for MSMEs and Services
• Focus on sector-specific expertise, faster decision making, and single-window clearances
Smart infrastructure to drive growth
A central pillar of the policy is the creation of modern industrial ecosystems:
• 20+ smart townships
• 5,000+ acre Ultra Mega Parks under PPP model
• Plug-and-play industrial infrastructure built on green, smart and circular economy principles
• A GIS-enabled land bank
• Promotion of private industrial parks
• Strengthened logistics via industrial corridors and multimodal transport networks
These interventions aim to position Maharashtra among Asia’s top three industrial hubs.
Digital push: MAITRI 2.0 and AI-driven governance
The revamped MAITRI 2.0 portal will integrate 125+ services, featuring:
• AI-powered investor assistance
• Blockchain-enabled document verification
• Real-time compliance and approvals
The State will also revive the Magnetic Maharashtra Global Investment Summit, while new district-level summits will tap into local potential and empower smaller regions.
Through the Emerging Districts initiative, Maharashtra is taking industrialisation beyond its traditional growth centres.
The programme covers 27 districts across two categories — areas with per-capita income lower than national or State averages — and aims to launch 650+ projects in these under-developed zones.
With incentivised land allotment, fast-track clearances, and focused infrastructure support, the initiative is expected to unlock the economic potential of low-industrialised districts and promote inclusive, balanced growth.
