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flag Maharashtra’s new policy aims to boost gem exports to $30B by 2030 with major investments and job creation.

flag Maharashtra's cabinet has approved the Gems and Jewellery Policy 2025, aiming to double the sector’s exports to $30 billion by 2030, attract Rs 1 lakh crore in investment, and create 500,000 jobs. flag The policy offers incentives including interest subsidies, electricity tariff reductions, and stamp duty waivers, while promoting technology adoption and skill development. flag A separate wastewater policy will support water recycling across 424 urban areas, with a Rs 500 crore fund. flag Additionally, private spinning mills will receive a Rs 3 per unit power subsidy under the textile policy, provided they register within six months.

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