Maharashtra Incentives & Policies

Incentives & Policies

Policy 1 : Industrial Policy

1. To Retain Leadership Position in Industrial Investment by Providing Conducive Business Environment
 
2. Developing Dedicated State-of-the-Art Infrastructure Based on Sector-Specific Requirements
  • Establishing infrastructure tailored to the unique needs of various industrial sectors.
3. Creating Land Bank for Industries through MIDC
  • Utilizing the Maharashtra Industrial Development Corporation (MIDC) to create a reserve of land specifically for industrial use.
4. Providing Special Fiscal Incentive Packages to Projects of Importance Including Emerging Technologies
  • Offering financial incentives to key projects, particularly those involving new and emerging technologies.
5. Promoting Investments through Sector-Specific Promotion/Policies with Focus on Identified Thrust Sectors
  • Encouraging investments by developing targeted promotional strategies and policies for key sectors.
6. Creating Government, Industry, and Academia Interface
  • Fostering collaboration between government, industry, and academic institutions to drive innovation and growth.
7. Incentivizing Investments in R&D and Startups
  • Offering incentives to boost investments in research and development as well as startup ventures.
8. Facilitating Ease of Doing Business Initiatives and Strengthening Maharashtra’s Single Window System (MAITRI)
  • Enhancing the MAITRI online portal to streamline business processes and deliver services efficiently.
9. Setting Up of State-Level Councils for Promotion of Investments and Exports
  • Establishing councils at the state level to drive investment and export promotion efforts.
10. Promoting Processing of Agricultural Produce for Enhancing Farmer’s Income
  • Encouraging the processing of agricultural products to increase the income of farmers.

These strategies aim to solidify the region’s leadership in industrial investment by creating a supportive environment that addresses the specific needs of various sectors, promotes innovation, and simplifies business operations.

1. Creating Well-developed Industrial Infrastructure

2. Augmenting Infrastructure and Ensuring Land Availability

3. Leveraging Special Projects –

4. Critical Industrial Infrastructure Fund

5. Promotion of Thrust Sector

  • Electric Vehicles (Manufacturing, Infrastructure and Servicing)
  • Aerospace and Defence Manufacturing
  • Industry 4.0 (Artificial Intelligence, 3D Printing, Internet of Things and Robotics, Nanotechnology, among others)
  • Promotion of Integrated Data Centre Parks
  • Textile Machinery Manufacturing
  • Biotechnology and Medical and Diagnostic Devices –
  • Agro & Food Processing (Secondary and Tertiary Food Processing units)
  • Information Technology (IT) & IT Enabled Services (ITeS)
  • Electronic Systems Design & Manufacturing (ESDM) and Semiconductor Fabrication (FAB)
  • Logistics & Warehousing
  • Green Energy/ Bio Fuel Production
  • Sports and Gym Equipment Manufacturing
  • Nuclear Power plant equipment manufacturing
  • Mineral / Forest based Industries

6. Promotion of Micro, Small and Medium Enterprises (MSMEs) and Small Industries

Taluka / Area ClassificationMaximum Admissible Fixed Capital Investment (INR crore)Ceiling as % of FCIEligibility Period (Years)
AFor the purpose of this policy, MSME shall include units as per the MSMED Act, 2006, as well as the units with FCI of upto INR 50 crore--
B30%7
C40%7
D50%10
D+60%10
Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule80%10
No Industry Districts, Naxalism Affected Areas* and Aspirational Districts**100%10
*Naxalism affected areas as per Government Resolution No.: PSI -2013/ (CR-54) /IND- 8 Dated 1st April 2013 issued by Government of Maharashtra Industries, Energy and Labour Department.
** Aspirational Districts are Osmanabad, Gadchiroli, Washim and Nandurbar
Taluka / Area ClassificationMinimum Admissible Fixed Capital Investment (INR crore)Minimum Direct Employment (number of people)
A & B7501000
C500750
D250500
D+150400
Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule100300
No Industry Districts, Naxalism Affected Areas* and Aspirational Districts**100250
*Naxalism affected areas as per Government Resolution No.: PSI -2013/ (CR-54) /IND- 8 Dated 1st April 2013 issued by Government of Maharashtra Industries, Energy and Labour Department.
** Aspirational Districts are Osmanabad, Gadchiroli, Washim and Nandurbar

Eligibility Criteria, related to Incentives Disbursement for Mega and Ultra-mega Units

Type of UnitTaluka/ Area ClassificationMinimum Admissible Fixed Capital Investment (INR croreMinimum Direct Employment (number of people)
Mega Industrial UnitsA & B15002000
C10001500
D7501000
D+500750
Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule350500
No Industry Districts, Naxalism Affected Areas and Aspirational Districts200350
Ultra-Mega Industrial UnitsEntire State40004000
*Naxalism affected areas as per Government Resolution No.: PSI-2013/ (CR-54)/IND-8 Dated 1st April 2013 issued by Government of Maharashtra Industries, Energy and Labour Department..
** Aspirational Districts - Osmanabad, Gadchiroli, Washim and Nandurbar

Incentives & Policies

Policy 2: Package Scheme of Incentives - 2019

The following categories of Eligible Industrial Units in the Private Sector, Cooperative Sector, State Public Sector / Joint Sector shall be eligible to be considered for incentives under the PSI- 2019

i) Industries listed in the First Schedule of the Industries. (Development and Regulation) Act, 1951, as amended from time to time

ii) Manufacturing Enterprises as defined in the Micro, Small and Medium Enterprises Development Act, 2006. (MSMED Act, 2006)

iii) Information Technology Manufacturing Units registered with the Directorate of Industries or the Maharashtra Industrial Development Corporation (MIDC) or the Development Commissioner, Santa Cruz Electronic Export Processing Zone (SEEPZ) or Software Technology Parks of India (STPI) in the State. Bio-technology Manufacturing Units as specified by the Government from time to time.

iv) Mechanized, Food / Agro Processing Industries in the following sectors: Dairy, Fruit and Vegetable Processing. Grain Processing. Fish / Meat / Poultry Processing. Consumer foods including Packed foods. Nonalcoholic beverages from fruits and vegetables

Classification of Areas

Shall be as given in Annexure-I to this G.R. where –

(i) Group A : Denotes industrially developed areas

(ii) Group B: Denotes areas where some industrial development has taken place, but are less developed than the areas under Group A.

(iii) Group C: Denotes areas, which are less developed than those covered under Group B.

(iv) Group D: Denotes the lesser-developed areas of the State, not covered under Group A/ Group B/ Group C.

(v) Group D+: Denotes the least developed areas, not covered under Group A/ Group B/ Group C/ Group D.

Eligibility Criteriafor LSI

Taluka/ Area ClassificationMinimum Admissible Fixed Capital Investment (INR croreMinimum Direct Employment (number of people)
A & B7501000
C500750
D250500
D+150400
Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule100300
No Industry Districts, Naxalism Affected Areas and Aspirational Districts100250
*Naxalism affected areas as per Government Resolution No.: PSI-2013/ (CR-54)/IND-8 Dated 1st April 2013 issued by Government of Maharashtra Industries, Energy and Labour Department..
** Aspirational Districts - Osmanabad, Gadchiroli, Washim and Nandurbar

Eligibility Criteria for Mega and Ultra-mega Units

Type of UnitTaluka/ Area ClassificationMinimum Admissible Fixed Capital Investment (INR croreMinimum Direct Employment (number of people)
Mega Industrial UnitsA & B15002000
C10001500
D7501000
D+500750
Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule350500
No Industry Districts, Naxalism Affected Areas and Aspirational Districts200350
Ultra-Mega Industrial UnitsEntire State40004000
*Naxalism affected areas as per Government Resolution No.: PSI-2013/ (CR-54)/IND-8 Dated 1st April 2013 issued by Government of Maharashtra Industries, Energy and Labour Department..
** Aspirational Districts - Osmanabad, Gadchiroli, Washim and Nandurbar

Basket of Incentives for MSME's

Taluka / Area ClassificationMaximum Permissible Fixed Capital Investment (INR crore)Maximum Ceiling of basket of incentives as % of FCIEligibility Period (Years)
AFor the purpose of this policy, MSME shall include units as per the MSMED Act, 2006, as well as the units with FCI of upto INR 50 crore--
B30%7
C40%7
D50%10
D+60%10
Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule80%10
No Industry Districts, Naxalism Affected Areas* and Aspirational Districts**100%10
*Naxalism affected areas as per Government Resolution No.: PSI -2013/ (CR-54) /IND- 8 Dated 1st April 2013 issued by Government of Maharashtra Industries, Energy and Labour Department.
** Aspirational Districts are Osmanabad, Gadchiroli, Washim and Nandurbar

Basket of Incentives for LSI and Spl. LSI Units / Projects

Taluka / Area ClassificationMinimum Qualifying Fixed Capital Investment (INR croreMinimum Direct Employment (number of peopleMaximum Ceiling of basket as % of FCIIncentive period in years
A & B750100025%7
C50075040%7
D25050060%7
D+15040070%7
Vidarbha, Marathwada, Ratnagiri, Sindhudurg & Dhule10030080%9
No Industry Districts, Naxalism Affected Areas* and Aspirational Districts**100250100%9
*Naxalism affected areas as per Government Resolution No.: PSI -2013/ (CR-54) /IND- 8 Dated 1st April 2013 issued by Government of Maharashtra Industries, Energy and Labour Department.
** Aspirational Districts are Osmanabad, Gadchiroli, Washim and Nandurbar

Incentives & Policies

Policy 3: Textile Policy

1. Cotton ginning and pressing

2 Spinning / silk reeling and twisting / integrated silk park / synthetic filament / yarn texturing, crimping and twisting

3 Weaving and powerloom

4 Technical textile, non-woven and converters of non-woven

5 Knitting / hosiery / garment / apparel & made-up

6 Processing of fiber / yarn / fabric / garments / made-ups

7 Processing of non-conventional fiber / yarn / fabrics / garments / made-ups (bamboo, banana, ghaypat, maize, coir, hemp, etc)

8 Expansion of existing textiles units

9 Textile Parks / processing parks

10 Energy saving and process control equipment for various textile sectors

11 Skill development activities 4

12 Wool sector (i.e. scouring, combing, spinning (worsted, shoddy and woolen) and weaving and carpet sector.

13 Standalone spinning

14 Spinning with matching downstream capacity

15 Manufacturing viscose filament yarn / viscose staple fiber

16 Independent weaving preparatory

17 Embroidery on standalone basis

18 Composite upgradation (i.e. units going for upgradation in spinning, weaving / knitting and processing)

19 Multi-activities (units with two or more activities simultaneously except composite upgradation mentioned above)

20 Composite unit

Following schemes will be implemented for the development of Textile industry under

Co-operative spinning mills

The scheme of government equity for co-operative spinning mills will be implemented only in the cotton growing districts of the State. 7.1.2 The scheme will be implemented only in those talukas where less than 50% of the cotton produced is consumed in the spinning mills situated within those talukas.

Powerlooms:

Maharashtra has 13 lakh powerlooms accounting for 50% of the powerlooms in the country. The plain powerloom accounts for 80% (approx. 10 lakh) of the total powerlooms in the State.

Processing (yarn, fabric, printing), Technical textile Knitting, Hosiery and Garmenting*Composite Unit **Spinning, Ginning, PressingConversion of Old Plain powerlooms to Shuttle less Rapier looms or looms based on latest technology (Modernization of powerlooms)New Powerlooms based on latest technology (Other than plain Powerloom), Weaving, Preparatory, Warping, Sizing, Conning, Twisting, Doubling, TFO and other textile units excluding those mentioned at Col 2 to 5
123456
% of eligible amount% of eligible amount% of eligible amount% of eligible amount% of eligible amount
Subsidy to units in the General category40%35%25%25%25%
Subsidy to units in the SC/ST/Minority category45%40%30%30%30%
Additional subsidy for production of Yarn, fabric and other products from non-conventional yarn10%10%10%--
The following additional subsidies will be applicable for textile projects in the Vidarbha, Marathwada and North Maharashtra regions:
% of eligible amount% of eligible amount% of eligible amount% of eligible amount% of eligible amount
Additional Capital subsidy20%10%10%10%10%
Additional subsidy for units having Forward/Backward Integration5%-5%5%-
Additional subsidy for units having Forward/Backward Integration--5%--
5% Additional subsidy for new composite unit set up in a taluka not having any Co- Operative or Private spinning mill-5%---

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