Summary:

The Indian government, through DPIIT and other ministries, is promoting industrial growth with programs such as Make in India, Startup India, PM Gati Shakti, and the National Industrial Corridor Programme (NICDP). Projects in Maharashtra, such as SBIA and DPIA, aim to stimulate business, create employment, and attract investment. The DPIA project, with a budget of US$ 644.4 million, is estimated to generate 1 lakh jobs and attract US$ 1.41 billion in investment.

The IFLDP has allocated US$ 200.4 million (Rs. 1,700 crore) to programs such as the Integrated Development of Leather Sector (IDLS) and Mega Leather Footwear and Accessories Cluster Development (MLFACD) in Maharashtra until March 2026. In addition, the Industrial Development Scheme (IDS) 2017 and the New Central Sector Scheme (NCSS) for Jammu and Kashmir aim to stimulate growth with a total of US$ 122 million (Rs. 1,034.82 crore).

Source: IBEF

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