Incentives vary by Zone: A, B, C, D, D+, Aspirational Districts
Incentives vary by Zone: A, B, C, D, D+, Aspirational Districts
Assess the enterprise, project location and applicable scheme conditions before submission.
Coordinate the project documents and scheme-specific application requirements.
NM Corporation can assist with scheme identification, documentation and coordination based on the applicable government programme.
The Package Scheme of Incentives 2019 (PSI-19) is the Maharashtra government's flagship industrial subsidy program designed to boost manufacturing, generate employment, and drive investments into developing regions. The scheme came into effect on April 1, 2019.
New manufacturing units or existing units undergoing capacity expansion or diversification.
Applies to Micro, Small, and Medium Enterprises (MSMEs), Large Scale Industries (LSI), Mega Projects, and Ultra Mega Projects.
To qualify, a business must have completed at least one "effective step" (e.g., acquiring land, MIDC plot allotment, MPCB consent, or company incorporation) on or after April 1, 2019.
Priority industries like Electric Vehicles, Aerospace & Defense, IT/BT, and Agro-processing receive enhanced benefits and additional support.
The primary benefit offering up to a 100% refund on Gross SGST paid on the first sale of eligible goods within Maharashtra.
A full 100% waiver on stamp duty for land purchases, lease deeds, and bank loan documents, primarily in developing zones C, D, D+, and beyond.
Eligible MSMEs receive a 5% annual subsidy on term loans taken for fixed capital assets like land, buildings, and machinery.
Includes a 100% exemption on electricity duty for the eligibility period, plus a power tariff subsidy of up to ₹1 per unit consumed for the first three years.
Expansion projects and new MSMEs get extra subsidies for technology upgrades, water/energy audits, patent registrations, and quality certifications.
Maharashtra is divided into groups based on industrial development. Benefits are calculated as a maximum percentage of Fixed Capital Investment (FCI) over a set number of years:
| Zone / Area Classification | Max Subsidy (% of FCI) | Benefit Eligibility Period |
|---|---|---|
| Group A (e.g., Pune, Mumbai) | N/A (except IT/BT parks) | 7 years |
| Group B | Up to 30% | 7 years |
| Group C | Up to 40% | 7 years |
| Group D | Up to 50% | 10 years |
| Group D+ | Up to 60% | 10 years |
| Vidarbha, Marathwada, North MH | Up to 80% | 10 years |
| Aspirational / Naxal-Affected | Up to 100% | 10 years |
Manufacturing enterprises (MSME, Large Scale, Mega, and Ultra-Mega), Information Technology manufacturing units, and agro/food processing (secondary and tertiary).
Existing units undertaking expansion or diversification can qualify if the total Gross Fixed Capital Investment (FCI) remains within specific limits (e.g., up to ₹50 crore for MSMEs).
Industries manufacturing beer, liquor, cigarettes, bidi, tobacco products, gutkha, and other banned goods are excluded. Textile units are covered under a separate Textile Policy and are also generally excluded.
Your subsidy percentage is calculated based on your eligible FCI.
Land, factory buildings, sheds, plant and machinery, utilities (electricals, transformers, DG sets), installation/testing costs, R&D equipment, and up to 10% of pre-operative expenses.
Vehicles, furniture, deposits, residential buildings, and second-hand machinery older than 10 years.
The core benefit, offering a refund on the Gross SGST paid on the first sale of eligible products within Maharashtra. MSMEs can get up to 100% of SGST refunded, while Large Scale Industries (LSI) generally get up to 50%.
Eligible MSMEs get up to a 5% annual subsidy on term loans for fixed assets (land, building, machinery). Note: The yearly interest subsidy cannot exceed your annual electricity bill.
100% exemption on Electricity Duty for 7 to 10 years (depending on the zone).
Power tariff subsidy of ₹1/unit (in Vidarbha, Marathwada, Ratnagiri, Sindhudurg, Dhule) or ₹0.50/unit (in other eligible areas) for the first 3 years.
A 100% waiver during the investment period on land purchases, leases, and term loan documents for units in C, D, D+, No-Industry, Aspirational, and Naxal-affected districts.
Units in specific "Thrust Sectors" receive an additional 20% subsidy and 2 extra years of eligibility:
You must acquire land, incorporate your company, or obtain MPCB consent to establish.
MSMEs apply through the District Industries Centre (DIC), while large projects apply via MIDC.
The application must be filed before the commencement of commercial production.
Once the Eligibility Certificate (EC) is received and production starts, you must file subsidy claims annually along with GST returns and CA-certified documents.
Here is a structured presentation outline detailing how NM Corporation facilitates and executes the PSI-19 subsidy process for industrial clients.
A premier industrial liaisoning and consulting firm based in Chhatrapati Sambhajinagar.
Streamlining regulatory compliance, statutory clearances, and industrial subsidies for manufacturing entities.
Deep understanding of Maharashtra’s industrial landscape and government policies, acting as a bridge between businesses and regulatory bodies (MIDC, MPCB, DISH).
Up to 100% refund of Gross SGST via the Industrial Promotion Subsidy.
100% Stamp Duty exemption and up to 5% Interest Subsidy for MSMEs.
Complete exemption from Electricity Duty and dedicated Power Tariff Subsidies.
Maximized benefits for industries establishing in developing regions (Zones C, D, D+, and Aspirational Districts).
From initial eligibility assessment to the final disbursement of funds.
Ensuring that the "Effective Steps" (land acquisition, incorporation, MPCB consent) are legally robust and perfectly timed.
Tailoring the application process depending on scale (MSME vs. Large Scale) and sector (General vs. Thrust Sectors).
Analyzing the proposed project, Fixed Capital Investment (FCI), and target zone to project maximum eligible subsidies.
Securing necessary base documents like Environmental Clearances and MIDC allotments required to file the initial application.
Filing for the Eligibility Certificate (EC) with the District Industries Centre (DIC) or MIDC prior to commercial production.
Managing the rigorous annual claim filings, coordinating with Chartered Accountants, and tracking GST return alignments.
NM Corporation does not just handle subsidies; we ensure total compliance so your subsidy is never delayed by peripheral regulatory issues:
Government of Maharashtra
Headquartered in Chhatrapati Sambhajinagar with extensive experience handling regional industrial zones.
We handle the bureaucratic heavy lifting so promoters can focus on manufacturing and growth.