About this scheme
Maharashtra Industrial Policy 2022 — MSME-specific incentives including capital subsidy, interest reimbursement on term loans, stamp duty exemption, electricity duty refund, and SGST refund. Different rates by district zone (Vidarbha/Marathwada/Konkan/etc.).
What you get
- Capital subsidy 15-25% on plant & machinery (zone-based)
- Interest subsidy: 5% on term loan, up to 5 years
- Stamp duty 100% exemption on land transfer
- Electricity duty exemption: 7-15 years (zone-based)
- SGST refund on incremental SGST
- Mega projects get additional incentives
Who qualifies
New micro/small/medium units setting up in Maharashtra. Investment intent registered on MAITRI portal before commercial production. Different zones (A-D) get different subsidy rates — D+ zones (Vidarbha, Marathwada) get the maximum benefits.
All industries qualify (no NIC restriction).
How to apply
- 1Register Intent on MAITRI single-window portal
- 2Obtain Udyam + bank term loan + land
- 3Start commercial production within 36 months
- 4Apply for incentives within 12 months of production
- 5Disbursement in 5 annual instalments
- 6Annual employment + production review
Key terms and conditions
- 15% (Zone A), 25% (Zone D+) capital subsidy
- 7-year sustainability period — closure leads to recovery
- Investment must be net of subsidy claimed elsewhere
- Annual compliance: filed within 30 days of FY end
What disqualifies you
- Existing units relocating from outside MH not eligible
- Service-only units excluded (manufacturing focus)
- Land outside designated industrial areas may not qualify
Documents typically required
- Udyam registration
- MAITRI portal registration
- Project report
- Land/lease in MH
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.