Archive · 2 Jan 2026
Maharashtra Expands Tech Fund to Include Space, Defence, Drones
The Maharashtra government has added seven new technology areas, like space tech and drones, to its ₹300-crore fund.
This fund helps start-ups with new ideas get money to grow.
The government wants to keep up with the latest technology trends and create more jobs and innovation in the state.
They also added experts to help decide which start-ups should get the money.
Maharashtra expanded its ₹300-crore Emerging Technology Investment Fund to include seven new sectors.
New sectors include space tech, aerospace, defence, drones, genomics, rare earth metallurgy, IoMT, and 3D printing.
The fund aims to support start-ups in early-stage capital constraints and align with global tech trends.
The decision was made in a meeting on December 30, 2025, and updates the IT Policy 2023.
Industry experts will join the screening committee to evaluate investment proposals.
- Who
- Maharashtra government
- What
- Expanded the Emerging Technology Investment Fund to include new sectors
- When
- Decision taken on December 30, 2025; Fund approved in April 2025
- Where
- Maharashtra, India
- Why
- To align with global technology trends and support start-ups in emerging sectors
- Fund Amount
- ₹300 crore
- New Sectors Added
- 7
- Meeting Date
- December 30, 2025
- Approval Date
- April 2025
- Committee Chair
- Secretary (Industries)
- Expected Benefits
- Innovation, R&D, high-value manufacturing, employment, exports, revenue, IP creation