Maharashtra Shipbuilding Capital Subsidy — Up to ₹5 Crore

The Maharashtra Shipbuilding Capital Subsidy is a state grant scheme that softens the capital burden on developers putting up or modernising shipbuilding and ship recycling facilities. It sits under the Maharashtra Shipbuilding, Ship Repair, and Ship Recycling Policy 2025 and is administered by the Directorate of Industries, Government of Maharashtra.

Shipbuilding yards and recycling yards demand heavy upfront spending, so the state uses this subsidy to draw that investment into Maharashtra, widen its maritime industrial base, generate employment and add domestic manufacturing capacity in step with the Make in India and Atmanirbhar Bharat push.

The scheme is aimed at both first-time developers planning a brand-new facility and established players expanding an existing site. There is no application window to race against — submissions are accepted on a rolling basis and each proposal is assessed on its own merits before any sanction is issued.

• Up to ₹5 crore per project, capped at 60% of eligible project cost
• Non-repayable capital subsidy — no equity taken
• For shipbuilding and ship recycling infrastructure in Maharashtra
• Run by the Directorate of Industries under the state's 2025 shipbuilding policy
• Rolling applications — no fixed deadline

The scheme is built around the project rather than the founder, so the applicant is the developer establishing or upgrading the infrastructure itself.

• New entrants setting up shipbuilding or ship recycling facilities in Maharashtra.
• Existing developers expanding, upgrading or modernising shipbuilding or ship recycling infrastructure they already run in the state.

Two things define eligibility in the published criteria: the project must be located in Maharashtra, and it must create shipbuilding or ship recycling capacity. Beyond those, no stage filter, sector filter, or separate DPIIT or MSME registration condition is listed in the criteria provided.

Maharashtra Shipbuilding Capital Subsidy — Up to ₹5 Crore is open to startups at any stage. It is open to startups registered anywhere in India.

Maharashtra Shipbuilding Capital Subsidy — Up to ₹5 Crore accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

Support takes the form of capital assistance paid as a subsidy, structured like this:

• A maximum of ₹5 crore (₹50 million) per project.
• Capped so it never exceeds 60% of the eligible project cost — whichever of the two figures is lower is what applies.
• Non-repayable, and the state does not take equity or a stake in the business in return.

Because the subsidy stops at 60% of the eligible project cost, the developer is expected to arrange the remaining minimum of 40% from its own resources.

The money is meant to offset the capital expenditure involved in establishing or upgrading shipbuilding and ship recycling infrastructure, which reduces the upfront load on developers and makes such projects more workable. The ceiling keeps the outlay spread across projects rather than concentrated in a handful of them.

Maharashtra Shipbuilding Capital Subsidy — Up to ₹5 Crore is offered by Directorate of Industries, Government of Maharashtra, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.

• Application submission — The developer files a complete application, along with the project proposal, through the designated portal or department named in the policy and its notifications.
• Committee screening — A committee formed by the relevant Government of Maharashtra department, which may include experts from the shipbuilding and ship recycling sectors, screens the applications that come in.
• Evaluation — Each proposal is weighed on how closely it serves the policy's objectives, its financial viability, its technical feasibility, the employment it can generate, and the impact it would have on the state's industrial landscape.
• Presentation or site visit — Developers who make the shortlist may be asked to walk the committee through their project in detail or to host a site visit so the claims in the proposal can be substantiated.
• Recommendation, approval and sanction — Projects that clear evaluation are recommended for approval, after which the assistance is formally sanctioned.
• Disbursement — Funds are released in line with the terms and conditions laid out in the sanction letter.

Before you apply to Maharashtra Shipbuilding Capital Subsidy — Up to ₹5 Crore, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.