Mumbai, Sept. 9 -- Maharashtra will introduce a dedicated Chemical Sector Policy by the end of October and is examining plans to develop chemical parks spread across 2,500 to 5,000 acres in Palghar, Raigad and Ratnagiri, a senior state government official said on Wednesday.

The state is also planning a Rs 1,000-crore Maharashtra Industries and Investment Fund to support research and development, technology readiness and innovation, according to an ASSOCHAM press release issued after MahaChem 2026 in Mumbai.

"Maharashtra is working towards a dedicated Chemical Sector Policy and we expect to have it in place by the end of October. The policy will address the specific requirements of the sector and complement initiatives already being deve...