Maharashtra State Export Promotion Policy 2023
The Maharashtra State Export Promotion Policy 2023 provides comprehensive financial assistance, infrastructure support, and fiscal incentives to boost exports from the state. Key benefits include incremental export growth subsidies, interest subventions, electricity duty exemptions, EPF reimbursements, and technology upgradation grants for MSMEs and Special Large Scale Industries (LSI). The policy also supports export infrastructure development through Export Oriented Specific Projects (EOSP) and Export Oriented Industrial Parks (EOIP).
Key Summary
- Ministry / Authority
- Department of Industries, Energy and Labour, Government of Maharashtra
- Incentive Type
- Composite export promotion package (infrastructure grants, incremental export subsidies, interest subvention, electricity duty exemption, EPF reimbursement, and logistics support)
- Incentive Rate
- Incremental export growth subsidy 1%-3% (5 yrs); Interest subvention 5% (5 yrs); Electricity duty exemption 100% (up to 7 yrs); EPF reimbursement 50%-75%; Technology upgradation subsidy 30% (up to ₹150 Lakhs); Logistics subsidy 50% (up to ₹1 Lakh/yr for 3 yrs); Exhibition support up to ₹3 Lakhs
- Min. Investment
- ₹50 Cr
- Application Deadline
- Open
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