Presentation On Maharashtra Industrial Policy Main 2019 by CA. Julfesh Shah
Presentation On Maharashtra Industrial Policy Main 2019 by CA. Julfesh Shah
Policy 2019
CA JULFESH SHAH
The State has witnessed unprecedented technological advancements in the industries, thus attracting
several innovative enterprises and start-ups in various upcoming technology field including Industry
4.0 and IT/ITes.
Maharashtra intends to be a major contributor in Nations economy, by strengthening its numero uno
position and “Magnetic Maharashtra” brand with its progressive vision focused on accelerated
industrial growth and sustainable development.
CA Julfesh Shah
1.1 Introduction of Maharashtra
Maharashtra, the most industrialized state in the country is located in the western region of India.
With Gross State Domestic Product (GSDP) of INR 24.97 lakh crore (US$387 billion),
Maharashtra is the largest economy in India and accounts for 15.01% of the country’s GDP in
2017-18.
According to the Department of Industrial Policy and Promotion (DIPP), Government of India,
cumulative FDI inflows in Maharashtra during April 2000 to December 2017 stood at US$ 113.82
billion, amounting to one third of the total FDI inflow in the country.
CA Julfesh Shah
Magnetic Maharashtra- Attractions
Unlimited
Maharashtra is the most favoured destination for industries owing to its well-developed infrastructure,
skilled workforce, strategic location with good transportation network, Progressive Sectorial Policies,
best incentive policy and much more.
Maharashtra has been able to attract highest investments from within and outside India and it has
emerged as a brand “MAGNETIC MAHARASHTRA-Attractions Unlimited”.
CA Julfesh Shah
1.1.I Well-developed Infrastructure :
The State is well connected to major industrial and consumption centers through road, rail, air and
port connectivity. With power generation capacity of over 43,000 MW, Maharashtra ensures 24x7
power supply to its industries.
Maharashtra Industrial Development Corporation (MIDC), the state also ensures land (both developed
and undeveloped) availability to the investors.
CA Julfesh Shah
1.1.2 Well-developed Infrastructure :
a. Road network : National highways of around 22,000 km are passing through the state.
Futuristic expressway projects such as Maharashtra Samruddhi Mahamarg & Mumbai and
Vadodara Expressway are under construction.
b. Rail network : Two major railway zones are enhancing the State‟s connectivity to the domestic market
Maharashtra has longest metro rail network of around 233 km under construction
c. Airport and seaports : Maharashtra has 7 domestic airports and 4 international airports
The state government is developing 10 new airports
The state is well connected to the world via sea through 2 major ports and 53 minor
ports
CA Julfesh Shah
1.1.3 Abundant Highly qualified and Skilled Labour Pool:
The state is home to 20 state universities, 21 deemed universities and several institutes of national
importance like Indian Institutes of Technology (IIT), Indian Institutes of Management (IIM), National
Institute of Fashion Technology (NIFT), National Institute of Pharmaceutical Education and Research
(NIPER), Tata Institute of Social Sciences (TISS), National Institute of Construction Management and
Research (NICMAR), Institute of Chemical Technology (ICT) etc. More than 6,000 institutes in the state
enrolls over 1.6 million students per annum.
CA Julfesh Shah
1.1.4 Established Industrial Ecosystem :
Several renowned industrial units have come up as a result of the supporting Industrial policy
environment. As per Economic Survey of Maharashtra the expected growth of manufacturing sector
in 2017-18 is 7.6 per cent.
The state has well developed industrial ecosystem for various industries including Automobile, ESDM,
Pharmaceuticals & Chemicals, Engineering, FMCG, Textile, Food Processing, Logistics, Cement and
Steel industry and IT & ITES.
During 2014 to 2018, 119 private IT parks with an nvestment of approximately INR 192.60 billion and
employment of 5,50,000 have come up in the state.
CA Julfesh Shah
1.1.5 Conducive Policy Environment and Proven Track
Report :
Maharashtra has progressive sectional policies for industries aimed at improving business environment
in the state. In light of these policies, the state is able to maintain its leadership position in industrial
investment.
Mega events were organized in the State such as Magnetic Maharashtra and Make in India along with
State‟s participation in various national and international road shows. All these efforts resulted in receipt
of industrial investment proposals over INR 8 lakh crore in the last five years.
CA Julfesh Shah
2 Vision :
CA Julfesh Shah
3 Mission :
To make Maharashtra first US$1 trillion economy in the country, by augmenting manufacturing
ecosystem, complemented by ease of doing business initiatives, thereby evolving it into a preferred
destination for global manufacturers and investors, resulting into largest employment creating state
with balanced regional and inclusive growth, by 2025.
CA Julfesh Shah
4 Target :
a. To attain manufacturing sector growth rate of 12% to 13% to reach GSDP share of 25% by 2023-24.
CA Julfesh Shah
5 Policy Period :
This policy shall be valid for a period of five years from 1st April, 2019.
CA Julfesh Shah
6 Creating Well-developed Industrial Infrastructure -
Quality infrastructure is a key driver for industrial growth. It is also very important for attracting global
manufacturers, investors and other corporates to the State.
Maharashtra has one of the best industrial infrastructure in place, concerted efforts will be made to
develop and strengthen state of the art infrastructure in various industrial estates spread across the
State.
MIDC will continue to be dedicated agency for developing necessary industrial infrastructure.
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
6.1.2 New industrial estates (multi-sector and sector specific) shall be planned and developed, in line with
industry requirements. For this, MIDC shall prepare a perspective plan in order to promote systematic
and regionally balanced industrial development across the State in the next 5 to 10 years
6.1.3 Considering the upcoming futuristic Industry 4.0 and hi-tech projects such as air taxi, drone, driverless
vehicles, etc. necessary industrial infrastructure shall be planned by MIDC.
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
6.1.4 Although large land bank is available in the State, considering the future industrial land requirement to
facilitate INR 10 Lakh crore of investment, MIDC shall create land bank across the State based on
demand assessment.
6.1.5 „Excluding Urban Local Bodies Area', MIDC shall be declared the Special Planning Authority (only for
permission purposes and no infrastructure support shall be provided by MIDC in such areas) for
industrial land above 10 acre for multiple industrial units with single developer for a contiguous land of
more than 10 acre and for all the Industrial clusters approved under Government of India and State
government schemes.
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
6.1.7 On the lines of MIDC areas, additional floor space index (FSI) shall be permitted in all co-operative
industrial estates to the extent of 0.5, over and above the basic FSI. The premium shall be charged at
rates as decided by MIDC with approval of the State Government.
6.1.8 MIDC shall promote setting up of flatted galas for the micro and small enterprises under Special
Purpose Vehicle (SPV) model.
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
6.1.10 The land earmarked for public health amenities in MIDC industrial estates shall be developed by
concerned departments. Specially ESIC ( Employees State Insurance Corporation) hospital facilities will
be provided by concerned department as per need & demand from Industrial Associations.
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
6.1.11 For sectors with same additional FSI (IT & ITeS, Biotechnology, Garmenting, Gems and Jewelery and
Logistics & Warehousing) under the related policies of the State Government, interchangeability of land
use shall be allowed with the approval of State Government.
6.1.12 Land owned by State Government or State Government Organization if required by MIDC for planned
development will be made available at no cost.
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
MIDC will be the nodal agency for development of industrial nodes along the special projects of
Central/State Government.
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
Considering this requirement and visible impact, Critical Industrial Infrastructure Fund (CIIF) which was
created during the previous policy will be continued with an enhanced corpus of INR 1,000 crore over
this policy period.
State Government through Plan Scheme will provide budgetary support for this scheme over the
policy period.
CA Julfesh Shah
6 Creating Well-developed Industrial
Infrastructure -
6.4.1 To encourage private sector participation in the development of industrial infrastructure, assistance
shall be provided to the projects for establishing industrial parks related to thrust sectors identified in
this policy.
6.4.2 The industrial estates developed for women and SC/ST entrepreneurs & MSMEs will be given
preference and higher fiscal support through ongoing schemes. If need arises fund will be provided
from Special Component Plan (SCP) & Tribal Sub Plan (TSP)
6.4.3 MIDC shall be the planning authority for these private industrial estates
CA Julfesh Shah
7 Promotion of Thrust Sectors -
With a view to steer industrial development towards high tech emerging sectors and generate
employment, the State Government has identified following thrust sectors.
CA Julfesh Shah
7 Promotion of Thrust Sectors -
7.3 Industry 4.0 (Artificial Intelligence, 3D Printing, Internet of Things and Robotics, Nanotechnology,
among others)
CA Julfesh Shah
7.7 Agro & Food Processing (Secondary and Tertiary Food Processing units)
7.9 Electronic Systems Design & Manufacturing (ESDM) and Semiconductor Fabrication (FAB)
CA Julfesh Shah
CA Julfesh Shah
8 Promotion of Micro, Small and Medium Enterprises
(MSMEs) and Small Industries :-
MSMEs are the backbone of State‟s economy. With more than 3 million MSMEs, Maharashtra has
largest number of MSME in the country, which contributes more than 80 per cent of the total
employment.
MSMEs are best placed to utilize local resources and create local entrepreneurship and employment.
About 40% of the exports originate from MSMEs. Considering the vital role of this sector, the State
Government intends to strengthen and promote the MSME sector for achieving inclusive industrial
growth and promoting employment generation.
The investment limit for incentive purpose for small industrial units will be increased upto INR 50 crore
in Fixed Capital Investment (FCI) so that more such units can come under the ambit of small industries.
In order to enhance the benefits of this policy to MSME units, the state will dovetail various MSME
schemes into one scheme.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
8.2 Launching of new flagship scheme - Chief Minister
Employment Generation Programme -
The scheme shall be implemented through Directorate of Industries and Khadi & Village Industries
Board (KVIB). The salient features of the programme are:
a. Promotion of self-employment – Minimum 1,00,000 micro enterprises during the policy
period.
b. Creation of employment opportunities – Minimum 10 lakh during the policy period.
c. Entrepreneurship Development Programme for youth – 2,00,000 youths during the policy
period.
d. Financial support by way of grant in aid – 15% to 35% of the approved project cost.
e. The scheme covers manufacturing and business/ service sector.
f. Boost to rural and semi urban economy.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
d. Workshops shall be conducted in the institutes for SME entrepreneurs to create awareness and
for adoption of new technologies.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
d. In new MIDC industrial estates, 20% area shall be reserved for MSMEs. Out of this, 20% area shall be
reserved for SC/ST entrepreneurs and 5% for women entrepreneurs and industrial units of Women‟s
Savings Groups.For rehabilitation of Ex-Servicemen & to promote self-employment among Ex-
Servicemen 2% plots will be reserved for Ex-servicemen.
e. Common Facility Centre (CFC) established under the cluster development programme of Central/ State
Government will be treated as industrial activity.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
The exchange has been instrumental in garnering public funds in the State. The CAGR of SMEs was
around 40% in last fiscal year.
MSME units can now access public funding through listing on stock exchanges. The State Government
intends to support MSME units by providing financial assistance to first 250 SMEs based in
Maharashtra which will be listed on the SME exchange, Mumbai during the policy period.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
8.6 Advisory Cell on Insolvency and Bankruptcy Resolution
for MSMEs -
To provide speedy resolution of insolvency and bankruptcy, the Government of Maharashtra shall
maintain region-wise cells to guide the concerned units seeking resolution under the Insolvency &
Bankruptcy Code 2016 mechanism. For this, MSSIDC will be strengthened and empowered suitably.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
8.7.1 For the purpose of this policy, MSME shall include units as per the definition of Government of India-
Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, as well as the small industries
with FCI of upto INR 50 crore.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
8.7.6 In addition to incentives listed above, eligible MSMEs will be entitled to 100 per cent stamp duty
exemption within investment period for acquiring land (including assignment of lease rights and sale
certificate) and for term loan purposes. However, in A and B areas Stamp Duty exemption will be
offered only to IT and BT manufacturing units in IT and BT Parks. Eligible Units under PSI 2013 Scheme
will also be eligible for stamp duty exemption for their Investment Period.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
8.7.8 All the central government and State government schemes relevant to MSMEs shall be dovetailed in
this policy.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
8.7.10 For strengthening of MSMEs, standalone incentives (not linked with PSI) shall be admissible to the
MSMEs so as to promote quality competitiveness, Zero Defect Zero Effect (ZED scheme), Research &
Development, technology up-gradation, water & energy conservation, cleaner production measures
and credit rating.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
8.7.11 Eligible Micro, Small & Medium enterprises & Small Industries as defined above shall be offered
Investment Promotion Subsidy (IPS) on Gross SGST paid by the unit on the first sale of eligible products
billed and delivered to the same entity within Maharashtra.
CA Julfesh Shah
8 Promotion of Micro, Small and
Medium Enterprises (MSMEs) and
Small Industries :-
Table 1 – Eligibility Criteria to MSME -
CA Julfesh Shah
9 Attracting Large, Mega and Ultra-Mega Investments -
Maharashtra has the largest number of Large and Mega projects in the country. These Large, Mega
and Ultra-Mega projects have a proven track record of providing multi-faceted benefits to the State in
terms of revenue and employment generation.
To leverage the benefits further, concerted efforts are made in the policy to ensure regionally balanced
and inclusive growth of the industry.
CA Julfesh Shah
9.1 Large Scale Industries -
9.1.1 Large scale industries (LSI) are defined as industrial units satisfying the minimum threshold limits of
Fixed Capital Investment or Direct Employment prescribed in the following table. LSIs shall be offered
incentives that are graded in a way so as to assist dispersal of investment to industrially under-
developed areas.
A basket of incentives, their aggregate amount not exceeding the specified ceiling will be offered to
eligible LSI units.
CA Julfesh Shah
9.1 Large Scale Industries -
a. LSI units in thrust sectors shall get additional incentives.
b. Eligible LSI units shall be offered Investment Promotion Subsidy (IPS) on Gross SGST paid by the unit
on the first sale of eligible products billed and delivered to the same entity within Maharashtra. The
incentives will be given to the LSI units on firstcum- first serve basis.
c. In addition to incentives listed above, eligible large units will be entitled to 100 percent stamp duty
exemption within investment period for acquiring land (including assignment of lease rights and sale
certificate) and for term loan purposes. However, in A and B areas, Stamp Duty exemption will be
offered only to IT and BT units in IT and BT Parks. Eligible Units under PSI 2013 Scheme will also be
eligible for stamp duty exemption for their Investment Period.
CA Julfesh Shah
9.1 Large Scale Industries -
d. Eligible new units in C, D, D+, No Industries Districts and Naxalism affected Area will also be entitled to
exemption from payment of electricity duty for a tenure equal to the eligibility period. However in A
and B areas, Electricity Duty exemption will be offered to 100 per cent EOU Large Scale units and
IT/BT units for 7 years.
e. The units applying for incentives in the first year of policy period will be given full basket of eligible
incentives for respective category and location of the unit. If the unit applies in subsequent years of
the policy period, the basket of incentives will be reduced by 5% for each year of delay in application.
This provision will not be applicable to industries in thrust sectors.
CA Julfesh Shah
9.1 Large Scale Industries -
f. Eligible LSI units in Agro & Food Processing (secondary and tertiary processing units and Farmer Producer
Companies for manufacturing/ processing activity only), Green energy/ biofuel and Industry 4.0 shall be
given additional support.
g. Aggregate fiscal incentives provided by various departments or agencies of the State Government shall
not exceed the IPS cap (as percentage of FCI) defined by the State Government.
h. Incentives to the LSI shall be given to promote quality competitiveness, Research & Development,
technology up-gradation, water & energy conservation, cleaner production measures and credit rating.
CA Julfesh Shah
9.1 Large Scale Industries -
Table 2 – Eligibility Criteria to LSI -
NOTE : For MSME units the ceiling of fixed capital investment is Rs. 50 Crores. For units having investment more than Rs. 50 Crores & upto the
minimum investment stipulated for large scale units in table 2 above, the industrial promotion subsidy shall be 40% of the SGST paid for the
first sale of goods sold in Maharashtra and billed & delivered to the same entity. This incentive will not be applicable for units located in "A" &
"B" zone.
CA Julfesh Shah
10.2 Ultra Mega and Mega Projects -
10.2.1 Industrial units satisfying the minimum threshold limits of Fixed Capital Investment or Direct
Employment prescribed in the following table shall be classified as Mega Projects/ Ultra Mega Projects:
Provided that :
a. Ultra-Mega/ Mega projects based on employment criteria shall be required to maintain the qualifying
direct employment on rolls of the company throughout the year. If the employment criteria is not
maintained for any period of the year, then Industrial Promotion Subsidy shall not be admissible for
such year/s.
b. Minimum Direct Employment prescribed in the table above should be created within a period of three
years from the date of commercial production.
CA Julfesh Shah
10.2 Ultra Mega and Mega Projects -
10.2.1 Industrial units satisfying the minimum threshold limits of Fixed Capital Investment or Direct
Employment prescribed in the following table shall be classified as Mega Projects/ Ultra Mega Projects:
Provided that :
c. The investment in Captive Power Plant shall not be considered for determining the qualifying criteria
for eligibility as Mega Project/Ultra Mega Project.
d. 100% Captive Process Vendor (CPV) investment can be considered as a part of admissible FCI.
However, CPV investment will not be counted for determining qualifying criteria as Mega/ Ultra
Mega Projects.
e. The present policy of MIDC regarding allotting plots on priority basis to mega and ultra-mega
projects shall be continued.
CA Julfesh Shah
10.2 Ultra Mega and Mega Projects -
10.2.2 High Power Committee (HPC), under Chief Secretary, constituted vide GR.IDL- 1005/(CR119)/IND-8
dated 2.6.2005 will approve the customized Package of Incentives to Mega and Ultra Mega projects on
case-to-case basis.
Cabinet Sub Committee under Chairmanship of the Chief Minister constituted for Industry vide GR IDL-
1097/(13478)/IND-8 dated 18.1.1998 and reconstituted vide GR.IDL-1004/(CR318)/IND-8 dated
24.12.2004 will approve customized incentives on case-tocase basis.
CA Julfesh Shah
10.2 Ultra Mega and Mega Projects -
10.2.3 State government shall be an equity partner of 9% through Maharashtra Vikrikar Rokhe Pradhikaran
Limited (MVRPL) in Large, Mega and Ultra Mega projects in the State and projects with FCI of more
than INR 500 crore.
The equity will be in lieu of incentives received by these projects under Industrial Policy 2019-2024. The
equity participation shall be in the form of shares only. The shares and dividend shall be issued in the
name of MVRP. In order to avoid hostile takeover, if State government decides to sell its equity, the first
right of refusal will be with the promoter of the company at prevailing market rates only.
CA Julfesh Shah
10.2 Mega and Ultra Mega Projects -
10.2.4 For mega and ultra-mega projects availing incentives from the State government under Package
Scheme of Incentives will have to provide employment to local persons as stipulated by the State
Government. Failing to do so will result into reduction of offered incentives.
CA Julfesh Shah
10.2 Mega and Ultra Mega Projects -
10.2.5 Government may consider providing customized package of incentives on case-to-case basis as
deemed necessary for projects of special importance (may or may not be mega/ultra-mega projects).
The High Power Committee (HPC) under the chairmanship of Chief Secretary shall recommend the
customized package of incentives for any such project to the Cabinet sub-committee for approval.
Apart from Industries Departments Package Scheme of Incentives Micro, Small, Medium, Large, Mega
and Ultra-Mega Units are given incentives/ concessions by other administrative departments of State
Government (e.g. Spinning Mills). The financial refunds / incentives to an industrial units from all
sources put together shall be admissible within the limit of 100% of Fixed Capital Investment.
CA Julfesh Shah
10.2 Mega and Ultra Mega Projects -
CA Julfesh Shah
11 Green Industrialization Assistance -
b. Solar captive power plant will be considered as a part of admissible FCI for the purpose of
incentives. A captive solar power plant will be defined as one wherein at least 80% of power generated
is utilized by the unit annually.
CA Julfesh Shah
12 Promoting Research and Development (R&D) -
R&D is crucial in enhancing the productivity and economic growth of a region. A robust R&D
infrastructure directly contributes to sustained growth and creates employment opportunity for
scientific community. India has high potential for intellectual property.
To avoid brain drain and utilize existing talents it is necessary to provide special impetus to industrial
research. It is also necessary to protect intellectual property rights of a researcher.
CA Julfesh Shah
12 Promoting Research and Development (R&D) -
a. R&D units including stand-alone facilities of eligible industrial units shall be considered as part of FCI
for the purpose of availing fiscal incentives.
c. Promotion of industry and academia linkage through universities, centre of excellence, technical
institutes, etc. Contributions from respective departments like Higher & Technical Education,
Universities etc. will be considered.
CA Julfesh Shah
12 Promoting Research and Development (R&D) -
d. Companies/ units/ private individuals shall be eligible for fiscal assistance towards obtaining patents
related to manufacturing activities.
e. Considering the nature of various new technologies involved, fiscal assistance shall also be given to
R&D units carrying out joint ventures.
CA Julfesh Shah
13 Promoting Ecosystem for Startups -
As a policy, it has been the endeavour of State Government to promote innovative startups by
providing necessary infrastructure, and creating facilitating environment involving young entrepreneurs
to enable sharing of their ideas and help them by handholding, mentoring and providing them
financial assistance.
Steps would be taken to promote startups right from the college level and coordination between
Government, industry and academia. Startups in thrust sectors & emerging technologies such as
artificial intelligence, robotics, internet of things, nanotechnology etc. will be provided with mentors
from industry/business houses.
CA Julfesh Shah
14. Amnesty scheme
a. The State Government shall bring an amnesty scheme for government dues and penalties under which
unviable and closed units shall be allowed to settle all the State Government dues
b. The settlement of dues of financial institutions (including those of Maharashtra State Finance
Corporation), are subject to RBI guidelines. However, the State Government shall coordinate with
financial institutions towards early resolution of such dues.
c. Maharashtra State Finance Corporation (MSFC) shall announce an attractive One Time Settlement
(OTS) Scheme.
CA Julfesh Shah
15. Strengthening Maharashtra Industry,Trade & Investment
Facilitation Cell (MAITRI)
a. All State related services, consents and permissions required to set up and operate an industry in
Maharashtra shall be provided through MAITRI.
b. MAITRI will coordinate with Industrial Associations for Ease of Doing Business initiatives.
c. The Special Assistance Cell will be set up in MAITRI for the promotion/guidance of the Schedule castes,
scheduled Tribes & Women Entrepreneurs.
CA Julfesh Shah
16 Special Initiatives -
16.1 Special Incentives for Industries in the underdeveloped districts of Maharashtra
16.2 Special Incentives for Industries in Agro & Food Processing, Green energy/bio-fuel and Industry 4.0.
CA Julfesh Shah
17 State Level Udyog Awards -
Maharashtra is the most industrialized state of India and it contributes 15% of country‟s GDP. Various
industries have immensely contributed to industrial development of the State thereby generating
massive employment.
CA Julfesh Shah
18 Strengthening of District Industry Centres -
District Industry Centres (DICs) will be strengthened to provide comprehensive information on
various policies and schemes as well as to support MSMEs in marketing, trade and commerce,
entrepreneurship development and revival of sick MSME units at district level.
CA Julfesh Shah
19 Apex Institute for Promotion of Entrepreneurship –
CA Julfesh Shah
20 Corporate Social Responsibility (CSR) Activities in the
State
CA Julfesh Shah
21 Sector Specific Policies -
These policies are:
i. Policy for Industrial Parks comprising of flatted galas for Readymade Garment manufacturing, Gems
& Jewelery, Micro Electronics and Engineering units 2018.
CA Julfesh Shah
21 Sector Specific Policies -
These policies are:
CA Julfesh Shah
21 Sector Specific Policies -
CA Julfesh Shah
CA Julfesh Shah