Maharashtra is a leader in industrial development in India. Maharashtra is the most industrialized state in the country is located in the western region of India. With Gross State Domestic Product (GSDP) of INR 24.97 lakh crore (US$387 billion), Maharashtra is the largest economy in India and accounts for 15.01% of the country’s GDP in 2017-18. The State has witnessed unprecedented technological advancements in the industries, thus attracting several innovative enterprises and start-ups in various upcoming technology field including Industry 4.0 and IT/ITes. According to the Department of Industrial Policy and Promotion (DIPP), cumulative FDI inflows in Maharashtra during April 2000 to December 2017 stood at US$ 113.82 billion, amounting to one third of the total FDI inflow in the country.
All the central government and State government schemes relevant to MSMEs shall be linked to this policy.
This policy shall be valid for a period of five years from 1st April, 2019.
The thrust sectors listed below will be accorded priority in land allotment and incentives.