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New policy aims to create 60L jobs

DNMUM429614 | 1/9/2019 | Author : Sanjay Jog | WC :527 | Business & Economy

Industrial scheme expects to attract investment of `10 L Cr; MSMEs to get more financial incentives
dna exclusive

The Maharashtra government will soon release its new industrial policy which aims to attract an investment of Rs 10 lakh crore and create 60 lakh jobs by 2023. The thrust sectors will be MSMEs, IT and ITES, bio tech, medical and diagnosis manufacturing, aerospace and defence, green energy biofuel manufacturing, nuclear power plant equipment manufacturing, logistics and warehousing, and textile machinery manufacturing.
State industries minister Subhash Desai, while speaking to DNA, confirmed that the new industrial policy envisages Maharashtra to be a global investment and manufacturing hub.
The government proposes to provide additional financial incentives to MSMEs, as they currently have only 8 per cent share in the total dis
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