Maharashtra R&D Innovation Subsidy

The R&D and Innovation Subsidy operates as an incentive under the Maharashtra Industries Investment and Services Policy 2025. Its purpose is to strengthen research and development capacity within the state's service sector and to ease the financial load on large-scale R&D units, so that they commit more resources to innovation.

The Government of Maharashtra views robust R&D as a driver of economic growth, a source of high-value jobs, and a means of improving the global competitiveness of its industries. The programme is directed at Mega and Ultra-Mega service sector units, and offers financial support that offsets a substantial share of their R&D expenditure.

By building a vibrant innovation ecosystem, the policy aims to establish Maharashtra as a hub for advanced research and technological breakthroughs in the service domain, contributing to a more knowledge-driven economy. The subsidy allows these units to speed up product development, process improvements and technological advancements while preserving their financial stability, thereby supporting sustained growth and innovation.

The Maharashtra Industries Investment and Services Policy 2025 contains the detailed application steps; in general, applicants may claim the subsidy by following the guidelines below:

- **Check eligibility**: Verify that your unit qualifies as a Mega or Ultra-Mega service sector R&D unit recognised by the Department of Scientific and Industrial Research (DSIR), and that your R&D investment satisfies the minimum threshold of 2% of annual turnover. - **Assemble documents**: Collect the required paperwork, which usually comprises proof of DSIR recognition, financial statements, R&D expenditure reports, company registration details, and a detailed proposal covering the R&D activities. - **File the application**: Use the official portal or the designated department of the Government of Maharashtra (likely the MAITRI portal) to submit the application form together with all supporting documents. - **Scrutiny and verification**: The relevant authorities will review your application in detail to confirm eligibility, R&D costs, and adherence to the policy guidelines. Site visits or requests for further information may form part of this stage. - **Approval and disbursement**: Once verification and approval are complete, the subsidy amount will be sanctioned and paid in 10 equal installments in accordance with the policy terms and conditions.

Consulting the full policy document is advisable for exact instructions and any specific forms required.