Maharashtra Shipbuilding Capital Subsidy — Up to ₹5 Crore — Frequently Asked Questions

A project can receive a maximum of ₹5 crore (₹50 million), but the subsidy is also capped at 60% of the eligible project cost. The lower of those two figures is the amount that applies, so a project with a smaller eligible cost gets a proportionally smaller subsidy.

Developers setting up new shipbuilding or ship recycling infrastructure in Maharashtra, and developers upgrading or expanding the shipbuilding or ship recycling facilities they already operate in the state. The published criteria do not add any other stage or sector conditions on top of that.

No on both counts. This is a capital subsidy, not a loan, so nothing has to be paid back, and the state does not take equity or a stake in the developer's business in exchange for the assistance.

Yes. Since the assistance covers no more than 60% of the eligible project cost, the developer is expected to arrange the remaining minimum of 40% of the project cost itself.

There is no fixed last date. The scheme runs on a rolling basis, so applications can be submitted at any time.

The eligibility criteria published for this scheme centre on the project — that it builds shipbuilding or ship recycling capacity in Maharashtra. DPIIT or MSME registration is not listed as a condition in the criteria provided.

A committee set up by the relevant Government of Maharashtra department screens the proposals, with experts from the shipbuilding and ship recycling sectors potentially involved. Proposals are assessed on their alignment with the policy's objectives, financial viability, technical feasibility, potential for employment generation, and their overall impact on the state's industrial landscape. Shortlisted developers may be invited to make a detailed presentation or host a site visit before final recommendations are made.

Begin by downloading and reading the official Maharashtra Industries, Investment and Services Policy 2025 document, which sets out the guidelines and the specific requirements for capital assistance. The application itself is submitted through the department's designated portal, which for this scheme is the MAITRI portal at https://maitri.maharashtra.gov.in/login.

You will need a detailed project proposal that includes a full project cost breakdown, financial projections, and the other supporting documents specified in the policy. The policy document and its associated notifications list the exact set of papers required, so check them before you file.

The scheme applies to projects located in Maharashtra. The eligibility criteria provided do not set out any district-level or region-level restrictions within the state.

Maharashtra Shipbuilding Capital Subsidy — Up to ₹5 Crore 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.