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Maharashtra Unveils Gems and Jewelry Policy, Targets Rs 1 Lakh Crore Investments
12 Nov
Summary
- Maharashtra government announces Gems and Jewellery Policy 2025
- Aims to attract Rs 1 lakh crore investments and create 500,000 new jobs
- Allocates Rs 13,835 crore in financial incentives over 25 years
The Maharashtra government has unveiled its Gems and Jewellery Policy 2025, a strategic initiative to drive growth and investment in the state's jewelry industry. Announced on November 12, 2025, the policy sets ambitious targets, aiming to attract Rs 1 lakh crore in investments and create 500,000 new jobs in the sector over the next five years.
To achieve these goals, the government has allocated a substantial financial package. According to the government resolution, the policy will provide an estimated Rs 1,651 crore in incentives during the 2025-30 period, with an additional Rs 12,184 crore allocated for the subsequent 20 years (2031-2050), bringing the total outlay to Rs 13,835 crore.
