Overview
- State cabinet approval sets the policy in force for 2025–2030 with a goal of lifting sector exports from $15 billion to $30 billion.
- The government has earmarked ₹1,651 crore for incentives, with ₹100 crore allocated in FY 2025–26 to kick-start rollout and a longer-term estimate taking total outlay to ₹13,835 crore.
- Measures include interest subsidies, stamp and electricity duty concessions, EPF support, export and branding assistance, single-window clearance, and plug-and-play facilities.
- The framework enables cluster development, 24x7 operations, mixed-use development, and additional FSI for parks to expand manufacturing capacity.
- The policy prioritizes technology adoption such as lab-grown diamonds, blockchain-based traceability, and digital trading, coupled with R&D and skill development.