Maharashtra Fortune 500 Land Subsidy

Maharashtra's Industries Investment and Services Policy 2025 includes a land subsidy intended to draw global investment. Under the scheme, land is offered at a markedly low rate to large corporations considered strategically important.

The scheme covers 12 emerging districts in Zone I, where per capita income falls below the national average. Its stated aims are industrial growth, regional development and employment generation in those districts.

By bringing major global companies into these regions, the state expects economic upliftment, skill development among the local workforce and a stronger standing as an investment destination.

The land subsidy forms part of Maharashtra's approach to balancing industrial progress with even regional development, and is directed at high-impact projects that fit the state's long-term economic vision.

- **Expression of Interest (EOI) / Initial Inquiry**: The process generally starts with the company filing an Expression of Interest or raising a preliminary query, either via the MAITRI portal or straight with the Department of Industries, Government of Maharashtra. At this stage, the company supplies its basic particulars along with a broad outline of the project it intends to set up.

- **Detailed Project Proposal Submission**: Companies found eligible must next file a full-scale project proposal. This document ought to cover the project's scope, the investment outlay, the number of jobs expected to be generated (with particular attention to the minimum of 1,000 direct jobs), the anticipated timeline, the project's contribution to regional development, plans for skill enhancement, and its strategic importance to Maharashtra.

- **Liaison and Due Diligence**: MAITRI, functioning as the facilitation agency, assists applicants in navigating the required documentation and clearances. The state government, in turn, carries out due diligence on the applicant company and assesses whether the project is viable and consistent with the policy's objectives.

- **Committee Review and Approval**: A high-level committee, drawn from representatives of various state departments, reviews the proposal that has been submitted. The committee examines how far the project meets the eligibility criteria, its strategic fit, and the impact it is likely to have. Where the review is satisfactory, the committee recommends the proposal for approval.

- **Land Allocation and Agreement**: Once approval is granted, the state government moves ahead with allocating the subsidised land. A formal agreement is then executed, setting out the terms and conditions of the land transfer, including the subsidised rate of ₹1 per acre as well as the commitments concerning job creation and project implementation.

A committee of senior officials drawn from the State Government of Maharashtra and MAITRI carries out the evaluation of applications under the Maharashtra Fortune 500 Land Subsidy. Assessment rests chiefly on the applicant company's global standing — Fortune 500 status or a billion-dollar market capitalisation — along with the size of the proposed investment and how strategically important the project is to the state.

Among the criteria applied are a commitment to generate no fewer than 1,000 direct jobs, the prospect of substantial regional development, participation in skill enhancement programmes, and consistency with Maharashtra's industrial policy objectives. Priority goes to proposals showing high impact, sustainable growth, and a firm commitment to developing the local community.