State Profile of Maharashtra

• Maharashtra State Food Processing Policy (2017) (extended till 2023-24)

• Maharashtra Agro Industries Development Corporation Limited (MAIDC)

• Single Window Clearance System (https://services.midcindia.org/services )

• Eligible New Micro, small and Medium Enterprises (MSME), except the units in Group ‘A’ areas, are eligible for power tariff subsidy. The subsidy to the tune of ₹ 1/- per unit for the Units located in Vidarbha, Marathwada, North Maharashtra and the Districts of Raigad, Ratnagiri and Sindhudurg in Konkan Region and ₹ 0.50 per unit for the Units in other areas of the State for a period of 3 years from the date of commencement of commercial production, for the energy consumed and paid

• The Chief Minister's Food Processing Scheme has been launched during the year 2017-18 as a State Level Scheme. Under this, capital subsidy of 30% of the cost of project comprising of technical civil work and plant & machinery, storage structure etc.is admissible with a ceiling of Rs. 50.00 lakh.
• The Central Government has given top priority for the development of the food processing industry and has created Dedicated Capital Investment Fund of Rs. 2000 crore for this purpose with NABARD. Low-cost capital is made available by NABARD for setting up individual food processing units in notified Food Parks.
• 100% FDI under automatic route (except for alcohol, beer, and sectors reserved for small scale industries) and repatriation of capital and profits permitted.
• 100% export-oriented units are allowed to sell up to 50% of their produce in the domestic market and export earnings are exempted from corporate taxes.
• Investment-linked tax incentive of 100% deduction of capital expenditure for setting up and operating cold chain facilities, and for setting up and operating warehousing facilities

• All new eligible Micro, Small & Medium Manufacturing Enterprises in areas other than Group ‘A’ are eligible for interest subsidy. The Interest Subsidy is payable only on the interest actually paid to the Banks and Public Financial Institutions on the term loan for acquisition of fixed capital assets. The Amount of interest subsidy is effective rate of interest (after deducting interest subsidy receivable any institution / under any Govt. of India Scheme or 5% p.a. whichever is less).

Waiver of Stamp Duty

• New as well as units undertaking Expansion / Diversification are exempted of payment of stamp duty in C, D, D+ Talukas, No Industry District, Aspirational Districts and Naxalism Affected Areas.

Not Applicable

Not Applicable

The followings are the incentives to promote quality competitiveness, research and development, technology upgradation, Water & Energy Conservation, Cleaner Production & Credit Rating.

• New MSME’s and expansion thereof in all categories of areas eligible for following incentives.
  • 5% subsidy on capital equipment for technology upgradation subject to maximum of ₹ 25 lakhs.
  • 75% subsidy on the expenses incurred on quality certification limited to ₹ 1 lakhs.
  • 25% subsidy on capital equipment for cleaner production measures limited to ₹ 5 lakhs.
  • 75% subsidy on the expenses incurred for national patent registration limited to ₹ 10 lakhs and ₹ 20.00 lakhs for the international patents.
• Incentives for Credit Rating of MSME’s in all categories of areas.
  • 75% of the cost of carrying out credit rating by small industries development Bank of India / Government accredited Credit Rating Agency limited to ₹ 40,000 only.
• New MSMEs, LSI and expansion thereof will be eligible for following incentives in all categories of areas.
  • 75% of cost of water audit limited to ₹ 1.00 lakhs.
  • 75% of cost of energy audit limited to ₹ 2.00 lakhs.
  • 50% of cost of Capital Equipment under the measure to conserve / recycle water limited to ₹ 5.00 lakhs.
  • 50% of cost of Capital Equipment for improving energy efficiency limited to ₹ 5.00 lakhs.