The Maharashtra cabinet has approved 325 industrial proposals aimed at attracting investments worth over ？1 trillion and creating nearly 100,000 job opportunities.
According to an official press release, the approved proposals are expected to bring in investments totalling ？100,655.96 crore and generate approximately 93,317 jobs.
The government said the proposals had been submitted under now-expired industrial policies, including the Maharashtra Electronics Policy (2016), the Space and Defence Manufacturing Policy (2018), and the Ready-made Garments, Gems and Jewellery, Microelectronics & Engineering Cluster Policy (2018), as well as the Maharashtra Industrial Policy (2019).
These approvals were granted as part of a cabinet meeting held in Mumbai, after several policies lapsed. The state has allowed the projects to proceed under the older frameworks until new policies are introduced.
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Key Breakdown of Approvals
Of the 325 total proposals:
313 proposals fall under the 2016 Electronics Policy, with an estimated investment of ？42,925.96 crore and the potential to generate 43,242 jobs.
10 proposals were submitted under the 2018 Space and Defence Policy, expected to attract ？56,730 crore in investments and create 15,075 jobs.
The remaining proposals, covering garments, jewellery, and engineering cluster sectors, are expected to bring in ？1,000 crore and generate approximately 35,000 jobs.
The government clarified that although these policies have expired, the proposals are being processed under the same frameworks until new industrial policies are announced.
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A Solar-Powered Bharat: Not a Dream, a Destination
Picture this: By 2030, every home, every factory, every handheld device in Bharat runs not on coal or gas, but on sunlight. No new thermal plants, no new gas lines—just solar energy from our skies, wind from our coasts, and batteries storing power for when the sun rests.
This is not wishful thinking. It is a blueprint for energy independence, economic security, and environmental leadership. And Bharat has both the capacity and the clarity to make it happen.
But if solar power is so promising, why does it still account for just 21.8 per cent of our installed capacity?
The answer lies not in technology, but in transition.
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The Real Cost of Going Solar
Yes, solar panels are cheaper than ever. But powering a house or a factory with solar is not just about installing a few panels. You need:
Inverters Wiring Batteries (for night-time use) Permits and compliance
For many rural households and farming communities still dependent on subsidised coal power, the shift feels like giving up a functional old car for a shiny new one—but the new one needs a custom-built road to run on.
While long-term savings are undeniable, the upfront cost can be daunting. That is why access to finance is critical. We must build a system that makes solar adoption as simple as getting a mobile SIM—low-entry, fast-install, and government-supported.
Batteries: The Silent Partner in the Solar Story
The sun is generous, but it doesn’t work nights. To truly run on solar, we need to store sunlight—and that’s where Battery Energy Storage Systems (BESS) come in.
These are not the batteries in your phone—they’re large, smart systems that can power cities. Encouragingly, the cost of electricity from solar + BESS is now nearly half that of a new coal plant.
Investing in BESS manufacturing, recycling, and deployment is not optional—it’s urgent.
The Weather Factor: Geography Is Not Destiny
India is blessed with solar potential—states like Rajasthan, Gujarat, Maharashtra, Karnataka, and Tamil Nadu are already leading. But what about cloudy eastern or foggy northern states?
Solar output varies by season and location, but India’s robust inter-state transmission system (ISTS) allows for power balancing across regions. This grid is the unsung hero of our energy transformation and will be central to India’s success in the “One Sun, One World, One Grid” vision.
Land Use: The Next Big Debate
Large solar farms need space—and lots of it. But space is contested. Agricultural land, forests, or homes can’t always make way for panels.
Luckily, we have the Thar Desert, capable of powering all of India and even exporting to neighbours. We also have innovative options:
Floating solar on reservoirs Solar panels over canals Agrivoltaics—farming under panels
Solar need not be a land-grabber. It can coexist with agriculture, nature, and livelihoods.
Upgrading an Outdated Grid
The grid we use today was built for coal: centralised, slow, and one-way. Solar is the opposite—distributed, dynamic, and digital.
Upgrading the grid isn’t just necessary—it’s an opportunity. With smart metering, AI-driven energy trading, and smart substations, we can create a 21st-century infrastructure for a 21st-century economy.
Changing Minds: The Final Frontier
Many still ask:
“Can solar run an industrial Bharat?”
“Will renewables kill jobs?”
The truth: Solar already powers metro trains, steel plants, and data centres. And it creates more jobs per megawatt than coal ever did.
But myths stick. That’s why we need a nationwide education and awareness campaign, especially in schools and rural areas. The solar revolution must become a people’s movement.
The Sun Is Waiting, Are We Ready?
Building a solar Bharat isn’t easy. It’s a complex path—full of hurdles in policy, finance, technology, and perception.
But the opportunity before us is enormous: Clean skies, energy security, job creation, and global leadership in green technology. What’s stopping us?
The sun rises every day. It’s clean, reliable, and limitless. Bharat doesn’t need to wait for miracles from outside. The miracle is already here, waiting for us to harness it.
Let’s build the new Bharat—powered by sunlight, united by purpose, and driven by vision.
The author is a chairman, Avaada Group
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
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