How is Maharashtra Planning to Dominate the Industrial Sector?
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Synopsis
Maharashtra’s Industries Minister Uday Samant emphasizes the state’s commitment to propel entrepreneurs into leadership positions in the industrial sector. With new policies and record investments, the state aims for significant growth and employment opportunities. Discover the ambitious plans that are set to redefine Maharashtra's industrial landscape.
Key Takeaways
- Maharashtra is introducing 12 new policies to enhance the industrial sector.
- Record investments have been secured through international MoUs.
- 57,000 new entrepreneurs have emerged in three years under state initiatives.
- Focus on local employment and community engagement is essential.
- Workshops will be organized to educate entrepreneurs on new policies.
Mumbai, Oct 13 (NationPress) Maharashtra Industries Minister Uday Samant stated on Monday that the state government is fully committed to supporting entrepreneurs in their quest to become leaders in the industrial sector.
He made these remarks at the event for the presentation of the "Maharashtra State Export Awards 2025" for the years 2022-23 and 2023-24.
Alongside State Industry Secretary P Anbalagan, Minister Samant announced the introduction of 12 new policies designed to enhance the state’s export ratio by tenfold.
These policies include areas such as animation, visual effects, gaming, comics, Global Capability Centre (GCC), bamboo, leather, aerospace, and electronics.
He expressed optimism that these initiatives will offer significant relief to local entrepreneurs.
Minister Samant highlighted that record investments have poured into Maharashtra, propelled by memoranda of understanding signed during foreign trips to places like Davos (Switzerland), Germany, and Japan.
“In the first year, MoUs worth Rs 1.7 lakh crore were signed in Davos, followed by Rs 7 lakh crore in the second year and Rs 16 lakh crore in the third,” he noted, emphasizing that Maharashtra leads the country with an 80 percent implementation rate of these agreements.
He encouraged entrepreneurs to focus on how their accomplishments can create jobs for the people of Maharashtra while accepting their awards.
Minister Samant praised the gems and jewellery sector for launching the state’s first training center in Ratnagiri for the upcoming project in Navi Mumbai, offering a minimum salary of Rs 40,000 to local youth.
“Post-establishment, issues of law and order often arise due to local employment and land acquisition concerns. Entrepreneurs should proactively address these local challenges,” he stated.
He acknowledged the significant contributions of entrepreneurs, noting that 57,000 new entrepreneurs have emerged in the last three years under the Chief Minister's Employment Generation Scheme.
“With the 'red carpet' now laid out for entrepreneurs in Maharashtra, major investments are flocking to the state,” he added.
He expressed appreciation for the entrepreneurs who have provided employment to 1.5 lakh unemployed youth over the past two years.
Additionally, Minister Samant instructed the Industry department to organize workshops aimed at educating entrepreneurs on how to leverage the new policies being developed for industrial growth.
Point of View
Maharashtra's proactive approach to bolster its industrial sector through innovative policies and record investments positions it as a leader in the Indian economy. The state’s commitment to enhancing local employment and addressing entrepreneurial challenges showcases a thoughtful strategy that aligns with national growth objectives.
NationPress
13/10/2025
Frequently Asked Questions
What new policies are being introduced in Maharashtra?
Maharashtra is introducing 12 new policies focusing on various sectors including animation, visual effects, gaming, and aerospace to significantly boost its export ratio.
How much investment has Maharashtra attracted through MoUs?
Maharashtra has signed memoranda of understanding worth Rs 1.7 lakh crore in the first year, Rs 7 lakh crore in the second year, and Rs 16 lakh crore in the third year.
What is the goal of the Maharashtra State Export Awards?
The Maharashtra State Export Awards aim to recognize and encourage entrepreneurs contributing to the state's economic growth and export performance.
How many entrepreneurs have emerged under the Chief Minister's Employment Generation Scheme?
Under the Chief Minister's Employment Generation Scheme, 57,000 new entrepreneurs have been created in Maharashtra over the last three years.
What is being done to address local employment issues?
Minister Samant has called for entrepreneurs to take initiatives that address local employment and land acquisition challenges to promote harmony and growth.
