Maharashtra Industrial Growth Incentive — ₹75Cr to ₹125Cr Grant — Frequently Asked Questions

The grant is calculated as a share of your Fixed Capital Investment, so the exact figure depends on your zone and how much you invest. Zone 1 projects receive 25% of FCI, while Zone 2 projects receive up to 15%. Since the minimum qualifying FCI is ₹500 crore, that translates to roughly ₹75 crore at the low end and ₹125 crore for the largest Zone 1 case.

Industrial units — both newly set up and those undertaking major expansion — that commit to a minimum Fixed Capital Investment of ₹500 crore, create at least 500 new jobs, and locate their operations in Zone 1 or Zone 2 of Maharashtra. All three conditions need to be met together.

Yes. The state's contribution is an incentive layered on top of your own capital expenditure, not a substitute for it. You commit to the minimum Fixed Capital Investment and the job creation target, and Maharashtra then shares a portion of that investment back with you as a grant. Significant co-financing from the promoter is inherent to the design.

It is a grant — non-repayable, with no interest and no repayment obligation. The scheme does not take any equity or ownership stake in your industrial unit. Disbursements are released in line with project milestones rather than as a lump sum upfront.

No specific closing date is mentioned for this incentive. It is treated as rolling and always open, running as part of the ongoing Maharashtra Industries Investment and Services Policy 2025.

The scheme targets incorporated industrial units, including Private Limited Companies, LLPs and Partnerships. Because of the scale of investment involved, proprietorships are generally not the primary focus.

Both are covered. Setting up fresh operations in Zone 1 or Zone 2 is eligible, and so is expanding an existing industrial unit — provided the investment, employment and location conditions are satisfied.

The policy refers to industrial units broadly and does not carve out specific sectors. A wide range of manufacturing and service industries that meet the capital investment and employment thresholds fall within its scope.

These are industrial development zones defined under Maharashtra's industrial policy. They group regions according to their level of industrial development and backwardness. The incentive rate differs between them — 25% of FCI in Zone 1 and up to 15% in Zone 2.

Applications are submitted through the MAITRI portal (maitri.maharashtra.gov.in) or at designated Industries Department offices. You will need a detailed project proposal covering your fixed capital investment plan, projected employment generation and the project's location in Zone 1 or Zone 2, supported by financial projections, incorporation documents, land acquisition details and a business plan that shows you clear the minimum investment and employment criteria.

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Maharashtra Industrial Growth Incentive — ₹75Cr to ₹125Cr Grant, though having it can strengthen your application and unlock other benefits.

Maharashtra Industrial Growth Incentive — ₹75Cr to ₹125Cr Grant is offered by Directorate of Industries, Government of Maharashtra, a government body. It is provided as non-dilutive funding.

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.