Maharashtra Industrial Subsidy Schemes for Manufacturing – Up to 100% FCI Across Six Policies
Maharashtra industrial subsidy schemes advisory for MIISP, PSI 2019, Maharashtra Electronics Policy, Women Entrepreneur Policy, EV Policy 2025 and Tourism Policy 2024 – covering eligibility mapping, application filing and full-lifecycle disbursement compliance for manufacturers and large industries across Maharashtra.
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100%
7–10 yrs
3 days
What is the Maximum Industrial Subsidy Available for Manufacturing Units in Maharashtra?
Eligible manufacturers can claim up to 100% of Fixed Capital Investment (FCI) as Maharashtra state government subsidy across MIISP, PSI 2019, and sector-specific policies. Benefits include SGST refund (Industrial Promotion Subsidy), 100% stamp duty exemption, 5% interest subsidy on term loans, ₹0.50–₹1 per unit power tariff concession, electricity duty waiver and capital grants. Quantum is structured by zone (Group A through D+, Aspirational Districts and Naxal-affected areas), with eligibility periods ranging from 7 to 10 years. MIISP 2025 (Maharashtra Industries, Investment & Services Policy) was notified on 31 December 2025 and replaces PSI 2019 as the primary industrial incentive framework. Units that commenced effective steps under PSI 2019 continue under that scheme; new units apply under MIISP 2025.
6 Maharashtra Industrial Subsidy Schemes & Policies for Manufacturers
Maharashtra operates six concurrent industrial subsidy schemes for manufacturers and service enterprises, making the Maharashtra government subsidy regime the most layered in India. Each addresses a distinct sector or investment profile. Bizastra structures applications across the optimal combination – most clients qualify under two or three policies simultaneously. For a state-by-state comparison of industrial incentive regimes, see our state government industrial subsidy schemes overview.
| Policy / Scheme | Benefit | Applicability |
|---|---|---|
| Maharashtra Industries, Investment & Services Policy (MIISP 2025) MIISP | Up to 100% on FCI*
Capital + Revenue linked | Manufacturing & Services — Automotive & EVs, Aerospace & Defence, Agro & Food Processing, Electronics & Semiconductors, Pharmaceuticals, Textiles, Energy & Green Hydrogen, IT/ITeS, Gems & Jewellery, GCC, AVGC-XR, Tourism, Logistics |
| Package Scheme of Incentives (PSI – 2019)
GR PSI-2019/CR 46/IND-8 · Currently in force | Up to 100% of FCI Revenue linked (SGST refund) | All manufacturing — including Food, Pharma, Automobile, Steel, IT manufacturing, Biotechnology and Agro-processing |
| Maharashtra Electronics Policy 2016
ESDM-focused · Linked to Central SPECS / PLI | 100% of FCI
Revenue linked | Electronics System Design & Manufacturing (ESDM) — semiconductors, components, sub-assemblies, design ecosystem |
| Women Entrepreneur Policy 2017
Women-led manufacturing units | Up to 100% of FCI Capital + Revenue linked | All manufacturing industries with women as majority promoters or directors |
| Maharashtra Electric Vehicle Policy 2025
EV ecosystem expansion | 60% of FCI
Revenue linked | EV manufacturing, battery cell & pack manufacturing, EV component manufacturing, charging infrastructure |
| Maharashtra Tourism Policy 2024
Hospitality & tourism infrastructure | Up to 100% of FCI
Capital + Revenue linked | Resorts, Hotels, Agro-tourism, Amusement Parks, Adventure Tourism, Wellness Centres, MICE infrastructure |
Six Benefit Heads in the Maharashtra Industrial Subsidy Package
Maharashtra’s industrial incentive framework is not a single grant – it is a package of fiscal benefits applied to different cost heads. Most eligible units receive five or six of these simultaneously over the eligibility period. Below is how each benefit head works for a manufacturing unit in Maharashtra.
SGST Refund (IPS)
Interest Subsidy
Stamp Duty Exemption
Power Tariff Concession
Electricity Duty Exemption
EPF Reimbursement
Partial Employer’s Provident Fund reimbursement under MIISP for eligible large and special LSI units in lower zones.
Who Qualifies for Maharashtra Industrial Subsidy?
Maharashtra industrial incentives are available to units across investment sizes for ultra-mega projects – provided sector, location and timing conditions are met.
MSMEs
Large Scale Industries
Mega & Ultra-Mega Projects
Startups & Sunrise Sectors
Foreign Investors / FDI
How It Works
Eligibility Mapping
Sector, zone, FCI band, and timing assessed against all six Maharashtra policies plus stack-able Central schemes. Written Subsidy Maximisation Report delivered.
CAPEX Structuring
Investment plan optimised to satisfy multiple scheme thresholds simultaneously. FCI components classified per scheme-specific definitions.
Documentation & Filing
DPR, CMA data, IEM, MPCB CTE, Udyam, board resolutions, GST registration, fixed asset schedule prepared and filed with DIC / MIDC / Directorate of Industries.
Eligibility Certificate (EC)
EC issued by implementing agency post commercial production. We manage queries, hearings and authority follow-ups until issuance.
Annual Disbursement & Compliance
Annual SGST refund claims, audited financials, production data, FCI change reports, and EC compliance - managed across the full 7–10 year period.
Why Maharashtra Leads India’s Industrial Subsidy Landscape
Industrial Infrastructure
Pro-Business Governance
Sector-Specific Policies
Backward Region Focus
Maharashtra State Government Industrial Subsidy Schemes
Why Invest in Maharashtra?
State incentives play a critical role in project viability and ROI enhancement.
Why Choose BizAstra?
CA-led advisory firm with strong state policy expertise
60+ professionals specializing in industrial incentives
450+ industrial clients served across Maharashtra & India
