New Delhi, Oct 5 (KNN) The state government of Maharashtra is planning to compile a list of "sunset" and "sunrise" industries to which incentives will be channelized accordingly.

The sunset industries, which may be identified under the new industrial policy, will cover sectors which have reached a saturation point in the state or are polluting in nature.

According to a media report quoting a senior official from the state industries department, "In the new industrial policy that is being worked on, we may draw up a list of sunrise and sunset industries. The sunset category will include sectors that are past their prime, corner a major chunk of incentives, cause pollution, have reached a saturation point in the state, and those which will come to Maharashtra even if they are not given incentives."
A new industries policy is being formulated by the Maharashtra government.

The media report added that the policy is likely to be unveiled early next year.

According to the Economic Survey of Maharashtra 2017-18, from August 1991 to December 2017, a total of 19,826 industrial proposals with an investment of Rs 11,89,815 crore were approved.

Of this, 8,974 projects (45.3%) with an investment of Rs 2,92,252 crore (24.6%) were commissioned and generated employment of about 12.67 lakh. (Inputs from a media report)