Introduction: Maharashtra Export Subsidy 2023
The Maharashtra Export Subsidy 2023 is one of the most progressive export-promotion frameworks in India, designed to make Maharashtra a globally competitive export hub. The policy focuses on MSMEs, manufacturing clusters, industrial parks, export-specific projects, logistics competitiveness, and risk-mitigation support.
Finraja Consultancy Private Limited helps exporters, MSMEs, industrial developers, and manufacturing units evaluate eligibility, prepare financial justifications, build DPRs, and secure subsidy approvals under this policy. Since the scheme involves multi-level verification, compliance documentation, and financial structuring, professional support becomes essential to receive the maximum eligible benefits.
Key Objectives of the Maharashtra Export Subsidy 2023
The policy aims to:
- Increase Maharashtra’s share in India’s total exports
- Support MSMEs in becoming global suppliers
- Promote Export-Oriented Industrial Parks (EOIP)
- Facilitate Export-Oriented Specific Projects (EOSP)
- Strengthen district-level export clusters under ODOP
- Reduce logistics, export risk, and operational costs
- Enable exporters to access global markets through financial incentives
The entire subsidy structure is built around financial competitiveness, making it important for exporters to understand which incentive applies to their category.
Export Oriented Industrial Park Maharashtra (EOIP) – ₹100 Crore Support
The EOIP is a major highlight of the Maharashtra Export Subsidy 2023.
Eligible industrial park developers can receive up to ₹100 crore as financial assistance for developing export-focused infrastructure.
EOIP Financial Benefits
- Up to ₹100 crore financial support from the government
- Support for infrastructure like testing labs, plug-and-play units, CETPs, common utilities, and value-addition facilities
- Priority connection to export-facilitating logistics corridors
- Export-specific compliance support
- Market promotion through state-level export branding
Export-focused industrial parks attract long-term investors and manufacturing units, creating export clusters with global competitiveness.
Export-Oriented Specific Project (EOSP) – ₹50 Crore Assistance
EOSP supports individual export-focused infrastructure and capability-building projects.
EOSP Financial Benefits
- Grant assistance up to ₹50 crore
- Support for technology adoption, common facilities, logistics enhancement, export-compliance units, and quality testing facilities
- Promotion of export-driven micro-clusters
These are essential to secure high-value approvals under EOSP.
MSME Export Incentives Maharashtra – Interest Subsidy + Additional Support
MSMEs are the backbone of Maharashtra’s export capacity.
The policy includes multiple supports designed specifically for MSMEs:
MSME Financial Benefits
- 5% interest subsidy on term loans
- Incentives on incremental export performance
- Lower logistics cost support
- Priority access to export skilling and market expansion
- Support for packaging, quality standards, and testing
Export-Related Reimbursements
- Part reimbursement of inspection charges
- Assistance for market access and trade support services
Finraja ensures MSMEs receive the maximum eligible subsidy.
Maharashtra Export Logistics Subsidy – Improving Cost Competitiveness
Logistics is one of the biggest cost barriers for exporters.
The policy provides subsidy support to improve export competitiveness.
Financial Benefits
- Subsidy on logistics cost for first-time exporters
- Assistance for export promotion activities
- Relief in warehousing and handling charges (where applicable)
This increases the profit margin for MSMEs and export-focused companies.
Finraja helps structure logistics cost claims aligned with policy guidelines to ensure smooth approval.
ECGC Premium Refund for Exporters
To reduce export risk and encourage new exporters, the policy provides ECGC premium refunds.
Financial Benefits
- ECGC premium refund for first 5 shipments
- Inside EOIP zones: premium refund for first 10 shipments
This support helps exporters reduce insurance costs, improve margins, and strengthen risk-management capability.
ODOP Maharashtra Export Promotion
The policy includes a strong focus on One District One Product (ODOP) to promote district-level export specialization.
Financial Benefits
- Branding and marketing support for ODOP products
- Special focus on GI-tagged export products
- Common infrastructure development for ODOP clusters
- Support for packaging, testing, and export documentation
This section is highly beneficial for agro-processing units, handicraft clusters, and traditional manufacturers.
How to Apply for Maharashtra Export Subsidy 2023 with Finraja Consultancy
Many businesses search for “How to apply” guides, but the application process is not DIY-friendly.
- Multiple technical forms
- DPR/Project Report
- Investment proof
- Export-impact justification
- Revenue model
- Bank financing structure
- Export-specific compliance
- Policy alignment certificate
Therefore, Finraja Consultancy Private Limited handles the entire procedure professionally.
Financial Assessment Based on Maharashtra Export Subsidy 2023
The following is a clean, consultant-focused assessment to show how the scheme financially impacts businesses.
Financial Component | Policy Provision | Impact on Client |
EOIP Grant | Up to ₹100 crore for infrastructure | Major financial boost for industrial parks |
EOSP Grant | Up to ₹50 crore | Suitable for sector-specific export projects |
MSME Interest Subsidy | 5% on term loan interest | Direct reduction in finance cost |
Incremental Export Incentives | 1%–3% | Reward for increased export turnover |
Logistics Subsidy | Support for first-time exporters | Reduces overall cost of export |
ECGC Refund | Refund for first 5 or 10 consignments | Reduces insurance cost |
ODOP Assistance | Infrastructure + marketing support | Helps district-level factories |
1. Capital Cost Reduction
EOIP and EOSP together can reduce 30%–40% of a project’s capital burden for eligible categories.
2. Operating Cost Savings
Through:
- Interest subsidy
- ECGC premium refund
- Logistics subsidy
- Export certification support
MSMEs can reduce operating expenses by 10%–15% annually.
3. Improved Profitability
Incremental export incentives (1%–3%) directly boost EBITDA margins.
4. Better Market Access
ODOP and export promotion measures improve brand visibility and market penetration.
5. Higher Project Feasibility
The combined financial benefits improve IRR and reduce the payback period for export-focused investments.
Conclusion
The Maharashtra Export Subsidy 2023 offers one of the most comprehensive financial incentive structures in India.
However, to unlock benefits such as
- Up to ₹100 crore EOIP support
- Up to ₹50 crore EOSP grant
- 5% interest subsidy
- Logistics subsidy
- ECGC premium refund
- Export incentives up to 3%
- ODOP financial support
Exporters require accurate documentation, detailed DPRs, financial justification, regulatory compliance, and expert guidance.
Exporters who want to maximize financial benefits under the Maharashtra Export Subsidy 2023 should work with a specialized consultancy to ensure correct filings and maximum approvals.
Call us now: +91 9373114747 or visit finraja.com/contact for quick assistance.
