Maharashtra Export Policy 2023 Guide: ₹100Cr Subsidies & Incentives for MSMEs

Maharashtra Export Policy 2023: A Complete Guide to ₹100+ Crore Export Incentives & Subsidies

The Government of Maharashtra has introduced the Export Policy 2023, a strategic framework designed to skyrocket the state’s exports to $150 Billion by 2028. For MSME owners and manufacturers, this policy is a game-changer, offering direct financial assistance, infrastructure grants, and cost-saving subsidies.

At Amplus Subsidy Solutions, we simplify this 38-page Government Resolution (GR) to help you claim every benefit your business deserves.

Quick Highlights: What’s in it for You?

  • Grant-in-Aid: Up to ₹100 Crore for Industrial Parks.
  • Interest Subsidy: 5% subsidy on Fixed Capital Investment (FCI).
  • Logistics Support: 50% refund on transport costs for new exporters.
  • Sector Focus: Special bonuses for Agro, Food Processing, Marine, and Textiles.

1. Financial Incentives for MSME Exporters

Under the new policy, MSMEs that export at least 50% of their turnover (30% for Women/SC/ST entrepreneurs) are eligible for:

  • Interest Subsidy: 5% interest subsidy for 5 years on 100% of Fixed Capital Investment (FCI), now available in A & B Zones as well.
  • Incremental Export Incentive: * General MSMEs: 1% to 2% on the increase in year-on-year export turnover.
  • Agro & Marine Units: 2% to 3% incentive on total export turnover for up to 7 years.
  • ECGC Premium Refund: 100% refund on Export Credit Guarantee Corporation premiums for your first 5-10 consignments.

2. Infrastructure Grants: EOIP & EOSP
The Maharashtra Government is investing heavily in export-focused infrastructure:

  • Export Oriented Industrial Parks (EOIP): Development grants up to ₹100 Crore. Importantly, 20% of land in these parks is reserved for MSMEs.
  • Export Oriented Specific Projects (EOSP): Grants up to ₹50 Crore for filling infrastructure gaps like testing labs, cold chains, and specialized warehouses.

3. Marketing & Logistics Support
Scaling globally is expensive. The policy reduces your burden through:

  • Logistics Subsidy: 50% reimbursement of inland logistics costs (up to ₹1 Lakh/year) for the first 3 years for new MSME exporters.
  • Exhibition Grants: 50% to 75% reimbursement (up to ₹3 Lakh) for stall charges and travel to international trade fairs.
  • E-commerce Support: Financial aid for onboarding on global platforms like Amazon Global or Alibaba.

Eligibility Criteria: Who Can Apply?
To claim benefits under the Maharashtra Export Policy 2023, your business must be:

  1. A registered MSME or Large Scale Industry (LSI) in Maharashtra.
  2. Engaged in manufacturing or value-added services.
  3. Meeting the minimum export turnover threshold (50% for general, 30% for priority categories).
  4. Compliant with PSI 2019 (Package Scheme of Incentives) guidelines.

Why Professional Consulting is Vital?
The application process involves technical Detailed Project Reports (DPR), Zonal certifications, and rigorous documentation via the Maha Export Portal. One error can lead to a permanent rejection of your subsidy.

Amplus Subsidy Solutions provides:

  • End-to-End Filing: From eligibility check to fund disbursement.
  • DPR Preparation: Government-grade reports for EOIP/EOSP grants.
  • Strategic Planning: Maximizing benefits across Interest, Power, and Stamp Duty exemptions.

Frequently Asked Questions (FAQs)
Q1: Is the policy applicable to existing exporters? Yes, existing units can claim incentives on incremental export growth and technology upgradation.

Q2: What is the validity of this policy? The policy is valid for 5 years, effective from its launch in 2023 until 2028.

Q3: Can I get a subsidy for a Cold Storage project? Yes, Agro and Food Processing units are "Priority Sectors" and can receive up to 3% export turnover incentives.

Start Your Export Subsidy Journey Today
Don't leave your hard-earned incentives on the table. Let the experts at Subsidy Solutions handle the paperwork while you focus on growing your global footprint.

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