Nagpur: The Maharashtra govt will announce 7 new sector-specific industrial policies within the next 3 months to accelerate the state’s industrial growth, chief minister Devendra Fadnavis said on Saturday, positioning the move as the next phase in the state’s economic expansion. “In the last few months, the state announced the GCC policy, Gems and Jewellery policy and Bamboo policy. A new industrial policy is already in place. Now, in the next 2 to 3 months, 7 more policies will be announced,” Fadnavis said at the International Business Conclave on the second day of the Advantage Vidarbha summit, organised by the Association for Industrial Development.
Listing the proposed frameworks, he said the upcoming policies would cover textiles and apparel, leather and footwear, electronics and fab, aerospace and defence, MSME, pharmaceutical biotech and medical devices, and circular economy bio-plastic sectors. “Work on drafting all 7 policies is underway and they will be announced within 3 months. Through these, Maharashtra will emerge as the largest industrial state,” he said. Describing Maharashtra as ‘the economic powerhouse of the country’, Fadnavis said the state leads in logistics, AI and solar sectors, contributes the highest share to India’s per capita income, and attracts the maximum foreign investment. “Against this background, Maharashtra is the best state for economic investment,” he said. Earlier, AID President Ashish Kale said Vidarbha was witnessing rapid progress under the leadership of Fadnavis and Nitin Gadkari. Global India Business Forum world President Jitendra Joshi, who shared the dais with CM and others, added, “The Global India Business Forum has agreements with 150 countries, which will help MSMEs from Vidarbha expand their businesses.”
