How to Apply for Enhanced Financial Support (Import Substitution) Maharashtra — 10% FCI Subsidy

Approval sits with the Department of Industries, Government of Maharashtra, or an agency it designates. The file passes through several layers before any incentive is released.

• Eligibility scrutiny: the application is checked against the scheme's criteria, with particular attention to the import-substitution claim and to the nature of the Fixed Capital Investment in plant and machinery.
• Expert committee review: a committee of experts examines the project report, financial statements and technical specifications to assess the project's viability and how closely it aligns with the policy's objectives.
• Technical assessment: the machinery proposed and the manufacturing process may be evaluated on technical grounds.
• Verification: shortlisted applicants may be interviewed or visited on site, so officials can confirm the claims made and check operational readiness.
• Final approval: the incentive is granted to units that show strong potential for impactful import substitution and meet all statutory and policy requirements.

Transparency and fairness in allocating incentives are stated aims of this process. Disbursement follows approval.