A Cabinet sub committee chaired by Chief Minister Devendra Fadnavis has approved seventeen large, mega and ultra mega projects worth Rs 1.35 trillion in Maharashtra’s thrust and high technology sectors. The schemes span semiconductors, silicon wafers, solar modules, electric vehicle components, lithium ion batteries, aerospace and defence equipment, textiles, green steel and gas to chemicals production.

Incentives include capital subsidies, reduced power tariffs, interest support, industrial promotion assistance, land ownership refunds and Employee Provident Fund rebates. The list of sectors eligible for such aid rises from twenty two to thirty.

The projects are expected to create about 100,000 direct and indirect jobs, bolstering research, innovation and local supply chains—particularly for micro, small and medium enterprises. Land has been earmarked for Reliance Industries’ ventures in Palghar, and coal gasification products have been added to the state’s incentive roster.