Enhanced Financial Support (Import Substitution) Maharashtra
Directorate of Industries, Government of Maharashtra · Central government
Maharashtra’s Industries Investment and Services Policy 2025 gives eligible units an extra 10% of Fixed Capital Investment for import substitution.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
Under the Maharashtra Industries Investment and Services Policy 2025, the Enhanced Financial Support for Import Substitution operates as one of its initiatives. Its purpose is to expand manufacturing capacity within Maharashtra by offering incentives to businesses that cut down India's dependence on goods brought in from abroad.
Financial support is extended directly towards investment in plant and machinery. Through this, the policy seeks to build an industrial ecosystem that is self-reliant, generate employment, and make the state's economy more resilient.
Manufacturing units qualify if they are committed to developing and producing domestically goods that would otherwise be imported. In doing so, the scheme advances the 'Make in Maharashtra' and 'Atmanirbhar Bharat' visions.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Maharashtra
- Units in Maharashtra - Units promoting import substitution
How to apply
Under the Maharashtra Industries Investment and Services Policy 2025, units seeking the Enhanced Financial Support for Import Substitution must follow a defined application procedure.
1. Submit a comprehensive application form, obtainable on the MAITRI portal or from the websites of the relevant departments. 2. Attach the supporting documents: detailed project reports, proof of company registration, investment plans, invoices for plant and machinery, and records that clearly establish how the unit's operations contribute to import substitution. 3. File the application online in the first instance. 4. Undergo physical verification of documents, and possibly site visits by government officials. 5. Comply with all prescribed formats and timelines, which is essential for the application to succeed and for all policy guidelines to be satisfied.
Once submitted, the application passes through multiple stages of scrutiny and approval by the designated state authority before the incentive is disbursed.
How applications are assessed
The Department of Industries, Government of Maharashtra, or agencies it designates, evaluates every application for Enhanced Financial Support (Import Substitution). Scrutiny centres on whether the applicant meets the eligibility criteria — above all the commitment to import substitution and the character of the Fixed Capital Investment in plant and machinery. A committee of experts then examines project reports, financial statements and technical specifications to judge the project's viability and how far it aligns with the policy's objectives, which may involve a technical assessment of the proposed machinery and manufacturing process.
Applicants who make the shortlist may be called for interviews or subjected to site inspections, so that claims and operational readiness can be verified. Approval is extended to units that show strong potential for impactful import substitution and satisfy all statutory and policy requirements, with transparency and fairness maintained in the allocation of incentives.
Frequently asked questions
What is the benefit of this program?
Eligible units can claim an extra incentive amounting to 10% of their Fixed Capital Investment (FCI) in plant and machinery. This non-repayable support is intended to lower the cost burden of setting up or expanding manufacturing facilities geared towards import substitution.
Who is eligible for this incentive?
Manufacturing units in Maharashtra qualify if they are working to replace imported goods with products made domestically.
What type of investment qualifies for this incentive?
This incentive is worked out on the Fixed Capital Investment (FCI) in plant and machinery alone; spending on land or buildings generally falls outside its scope.
How is 'import substitution' defined for this policy?
Import substitution means producing goods and services domestically in place of items that were earlier imported. An applicant must therefore show clearly, within the application, how its manufacturing operations lessen the country's dependence on imports from abroad.
Is there a maximum cap on the incentive amount?
The policy document does not set a maximum on the 10% incentive, which is computed as a percentage of the Fixed Capital Investment in plant and machinery.
What are the typical documents required for application?
Under the Maharashtra Industries Investment and Services Policy 2025, applicants must generally provide a detailed project report, proof of company registration, investment invoices for plant and machinery, financial statements, and a comprehensive import substitution strategy plan.
Sectors
- Import Substitution
- Manufacturing
- Maharashtra
- Industrial Policy
- Capital Investment
Details last verified on 14 September 2026. Source: the issuer's published information.