Maharashtra Logistic Policy 2024 will remain in effect for five years from the date of notification and will remain in effect until the next policy is announced. The policy shall be reviewed every two years to assess its effectiveness. The policy may be amended prior to the prescribed period after assessing the effectiveness of the policy to address changes in laws, regulations or to achieve its desired outcomes.
Eligibility For Logistic
- Eligible organizations for various incentives offered under Maharashtra Logistics Policy-2024: Any legal entity registered as Proprietary, Partnership firm, Cooperative Society, Registered Company under the Companies Act, 2013, Farmer Producer Companies, Public Sector Undertakings, Other state organizations, Limited Liability Partnership (LLP), Trusts & Alternate Investment Funds (AIF)*
- Public Private Partnership (PPP) based projects, Joint Ventures (JVs) or consortium of companies created for the purpose of developing the Small, Large, Mega, Ultra Mega, Multi-storey Logistics parks, and Integrated Truck Terminals.
- AIF refers to any privately pooled investment fund, (whether from Indian or foreign sources), in the form of a trust or a company or a body corporate or a Limited Liability Partnership (LLP)
Classification Of Logistic Parks
Classification | Project / park minimum area ( acres ) | Minimum Investment In FCI (Rs Cr) |
Small Logistic Park | 05 | 10 |
Large Logistic Park | 50 | 100 |
Mega Logistic Park | 100 | 200 |
Ultra Mega Logistic Park | 200 | 400 |
Multi storeyed Logistic Park | 20000 sq.ft | 05 |
Fiscal Incentives To Logistics Parks
Special Capital Incentives: The logistics parks namely Small, Large, Mega, Ultra-Mega Logistics Park and Integrated Truck terminal will be incentivized with special capital incentives in Zone1 and Zone-2 areas only. The details are as below.
Classification of logistic infrastructure | Project/ Park Minimum Area ( Acres ) | Minimum Investement In FCI (Rs. In Cr ) | Capital Subsidy (%) | Maximum Cap of assistances (Rs.in Crores) | No of parks to be promoted | Development Period |
Small Logistic Park | 05 | 10 | 20% | 2 | First 50 (max 2 in each district) | 2 yrs |
Large Logistic Park | 50 | 100 | 15% | 15 | 9 | 3 Yrs |
Mega Logistic Park | 100 | 200 | 15% | 30 | 6 | 4 Yrs |
Ultra Mega Logistic | 200 | 400 | 10% | 40 | 3 | 5 Yrs |
Integrated Truck Terminals | 200 | 400 | 10% | 40 | 3 | 5 Yrs |
Power at Industrial Rate:
- Electricity will be made available at Industrial rates for activities other than business and commercial facilities for all eligible and approved logistics parks as per Maharashtra Logistics Park 2024.
- As per provisions of the Maharashtra Electricity Regulatory Company, the Power Distribution Franchises Model can be accepted for approved logistics park. • Production of electricity using non-conventional energy sources, its distribution and selling will be allowed for logistics parks.
- An additional 10% incentive will be given to these types of parks to promote green logistics parks under the state’s green initiatives. •
- Logistic parks will be allowed to purchase electricity from any other electricity generation company as open access power, as per prevailing provisions in MERC.
- Line-In-Line-Out of power from the transmission lines to the substation/ switching station will be allowed.
- Uninterrupted 24X7 power supply will be made available to the Logistic Parks. 3.1.3 Development of Critical Industrial Infrastructure: Government of Maharashtra has earmarked the budgetary provisions to address the industrial infrastructure gaps in first and last mile connectivity. The financial support with the cap of INR 5 Cr for the connected infrastructure of road, and water. A committee constituted under the Hon. Chief Secretary will take the final decision on sanctioning projects on a case-by-case basis along with details of financial assistance. 3.1.4 Support to Green Logistics Initiatives (New Component/ Existing Component): In order to support green logistics initiatives, following incentives will be given.
- Eligible entities may avail incentives for goods carriers in concurrence with Maharashtra EV Policy.
- Park developers may avail 100% road tax exemption for purchase of at least 50 Hybrid or Plug-in-Electric or Electric Cargo Vehicles of minimum load capacity of at least 1MT per vehicle.
- Green Industrialization Assistance for Logistics Park developers undertaking green and sustainable initiatives as listed in para 11 of Industrial Policy 2019. 3.2 Non-Financial Incentives Additional non fiscal support and benefits for all classified Parks (Multi-Story Logistics Park, Small, Large, Mega, Ultra-Mega) to be established in Zone-1, Zone-2 and Zone-3 are as below. (I)FSI for Multi-Story Logistics Park, Small, Large, Mega, Ultra Mega Logistics Park: All over the state for Logistic Parks one or the permissible basic FSI, whichever is more, will be applicable to Multi-Story Logistics Park, Small, Large, Mega and Ultra mega logistics parks. FSI will be permissible over base FSI for development of all type of Multi-Story Logistics Park, Small, Large, Mega and Ultra mega logistics parks in the state with or without premium as follows
Minimum Road Width | Maximum Permissible FSI In MMR Region | Maximum Permissible FSI In Rest Of Maharashtra |
12 mtrs | Up to 3 | Up to 3 |
18 mtrs | Up to 4 | Up to 3.5 |
27 mtrs | Up to 5 | Up to 4 |
The amount of Premium For Additional FSI shall be as below
Zones | Areas | Premium |
Zone 1 | Vidarbha Region & Marathwada Region | None |
Zone 2 | Ratnagiri – Sindhudurg, Dhule- Nandurbar and remaining D & D+ Areas in Maharashtra as per PSI 2019 | 10% |
Zone 3 | This Includes area other than Zone 1 and zone 2 Areas | 15% |
Incentives for Standalone/ Independent Logistics Units
Particulars | Unit description | Support & Facilitation | Incentives |
Excluding land cost logistics ventures with investments up to Rs 50 crores Warehousing and cargo handling units | • Warehouses • Silo • Cold Storage | i. Industry status ii. Power at Industrial Rate iii. Relaxation on Zone Restrictions Relaxation on height restrictions iv. Operations 24×7 v. EoDB, Single window clearance. | A. Interest Subsidy: i. Units Inside the approved parks: Interest subsidy 3% for units inside the park. The cap of incentive Interest Subsidy will be Rs. 75 lakh p.a. up to 5 years. The said incentives will be sanctioned to the first 100 entities during the policy period. ii. Units Outside the park: Interest Subsidy 2% for units outside park having min. 20,000 Sq.Ft. built up area with base FSI. The cap of incentive (interest Subsidy) will be Rs. 50 lakh p.a.up to 5 years. The said incentives will be sanctioned to the first 100 entities during the policy period.
B. Stamp duty exemption: i.Units Inside the approved parks: 75% Stamp duty exemption for units inside the park on purchase or long-term lease agreement (Minimum 15 years) ii.Units outside the approved parks: 50% Stamp duty exemption for units outside the park on |
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Incentives for Standalone/ Independent Logistics Units
Particulars | Unit description | Support & Facilitation | Incentives |
Excluding land cost logistics ventures with investments up to Rs 50 crores Warehousing and cargo handling units | • Warehouses • Silo • Cold Storage | i. Industry status ii. Power at Industrial Rate iii. Relaxation on Zone Restrictions Relaxation on height restrictions iv. Operations 24×7 v. EoDB, Single window clearance. | A. Interest Subsidy: i. Units Inside the approved parks: Interest subsidy 3% for units inside the park. The cap of incentive Interest Subsidy will be Rs. 75 lakh p.a. up to 5 years. The said incentives will be sanctioned to the first 100 entities during the policy period. ii. Units Outside the park: Interest Subsidy 2% for units outside park having min. 20,000 Sq.Ft. built up area with base FSI. The cap of incentive (interest Subsidy) will be Rs. 50 lakh p.a.up to 5 years. The said incentives will be sanctioned to the first 100 entities during the policy period.
B. Stamp duty exemption: i.Units Inside the approved parks: 75% Stamp duty exemption for units inside the park on purchase or long-term lease agreement (Minimum 15 years) ii.Units outside the approved parks: 50% Stamp duty exemption for units outside the park on purchase or long term lease agreement (Minimum 15 years) C. Technology Adoption: MSME units situated inside as well outside approved parks will be incentivized for adoption of new age technology for smart warehousing and cargo handling purposes. These includes Use of AI, Blockchain technology, robotics and automation, etc. One time incentive of 25% of the investment in technology shall be reimbursed up to a limit of INR. 100 Lakh to the first 50 entities during the policy period |
Other Units in logistics Activities providing services / facilities (Independent/St andalone Units) | Private Freight Terminal • Integrated Truck Terminals • Container Freight Station • Air Freight Station • Inland Container Depot • Free Trade and Warehousing Zones (FTWZ) | 1. Industry status Power at industrial rate. 2. Higher ground coverage 3. Relaxation on Zone Restrictions 4. Relaxation on height restrictions 5. 24×7 operations 6. EoDB, Single window clearance. | i. Ease of Doing Business ii. Single Window clearances iii. Integration with other State and Central schemes |
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