<h1>Maharashtra to Launch 'Innovation City' Inspired by GIFT City, Boosting Start-Up Ecosystem with AI Focus and Rs 100-Crore Fund.</h1> Maharashtra plans to establish an 'Innovation City' modeled after Gujarat's GIFT City to bolster its leadership in India's start-up ecosystem. The initiative aims to create a hub for technology and innovation, with a focus on artificial intelligence (AI). The state, home to over 25,000 start-ups, is recognized as India's top start-up ecosystem. Measures include a Rs 100-crore fund in partnership with SIDBI and transforming Industrial Training Institutes into AI-focused centers. The government is reducing compliance burdens and fast-tracking processes to support start-ups, with a new start-up policy expected soon.