MIISP-2025: Maharashtra Industries, Investment & Services Policy

MSMEs (Micro, Small, Medium Enterprises), Large Scale Industries (LSI), Special LSI, Mega and Ultra-Mega projects are eligible. MSME manufacturing classification is based on investment in plant and machinery: Micro (up to ₹2.5 crore), Small (₹2.5-25 crore), Medium (₹25-125 crore). Eligible entity types include Proprietary, Partnership, Private Limited, Public Limited, LLP, and OPC. Valid Udyam Registration and statutory approvals are mandatory.

Manufacturing MSMEs can receive 30% to 100% of their Fixed Capital Investment (FCI) as an incentive basket, depending on the zone where the unit is located. Group A (most developed) offers 30%, while No Industry Districts, Naxalism Affected areas, and Aspirational Districts (Dharashiv, Gadchiroli, Washim, Nandurbar) offer up to 100% of FCI over 10 years.

Expansion units receive 75% of the monetary benefit that a new unit would get. Their eligibility period is also reduced by 1 year compared to a new unit. Additionally, existing units can claim an additional 5% subsidy on new capital equipment for technology upgradation, capped at ₹25 lakh.

No. Power tariff subsidy of ₹1.00 per unit for 3 years is only available to units located in Group C and below zones. Groups A (most developed) and B (developed) are excluded from this benefit.

MIISP-2025 covers 16 priority manufacturing sectors including Automobiles and EVs, Electronics and Semiconductors, Textiles and Technical Textiles, Food Processing, Pharmaceuticals, Biotechnology and Med-Tech, Defense and Aerospace, Green Energy and Hydrogen, Chemicals, Plastics and Packaging, Machinery and Equipment, Advanced Materials, Telecom (6G), Quantum Computing Hardware, Drone Logistics, Optics and Sensors, and Bio-based Polymers. Priority service sectors include IT/ITES, Logistics and Warehousing, Tourism and Hospitality, Healthcare and Diagnostics, Skill Development, R&D and Design Services, Financial and Professional Services, Media and Broadcasting, Education Services, and Global Capability Centres (GCCs).

Key documents include Udyam Registration, PAN, GST Registration, Incorporation Certificate or Partnership Deed, land purchase or lease documents, statutory approvals (Pollution Control Board consent, Factory License, Fire NOC), investment proof (invoices for plant and machinery, CA-certified FCI statement), audited financial statements, bank loan sanction letters, production commencement certificate, and EPF registration with employee details.

The application process involves: 1) Project planning and eligibility check, 2) Complete registrations (Udyam, GST, pollution, factory, local), 3) Execute project and commence commercial production, 4) Register on Invest Maharashtra portal (MAITRI 2.0), 5) Submit application with project documents and investment proof, 6) Scrutiny by District Industries Centre (DIC) and verification by State Department, 7) Obtain Eligibility Certificate, 8) Submit periodic claims, and 9) Receive subsidy disbursement.

No Industry Districts, Naxalism Affected areas, and Aspirational Districts (Dharashiv, Gadchiroli, Washim, Nandurbar) receive the highest incentive at 100% of Fixed Capital Investment (FCI) over 10 years. Vidarbha, Marathwada, Ratnagiri, Sindhudurg, Jalgaon, and Dhule receive 80% of FCI over 10 years.

Yes. For the first time, service sector units are treated as equal pillars alongside manufacturing. Eligibility is based on employment generation (50-350 employees depending on zone) rather than investment. Benefits include EPF reimbursement (50% of employer's contribution for 5 years, capped at ₹10 crore per unit), rental lease subsidy (up to 50% or ₹1-20 crore depending on zone), and electricity duty exemption (3-5 years depending on zone).