Maharashtra Industry, Investment & Services Policy 2025 to Drive Inclusive and Sustainable Growth … S S Muddamwar

Vidarbha Industries Association (VIA) MSME Forum organized a session-cum-interaction on “Maharashtra Industries, Investment & Services Policy 2025” on 23rd January 2026 at VIA Auditorium, Nagpur.

The Government of Maharashtra has unveiled the Maharashtra Industry, Investment & Services Policy (MIISP) 2025, a forward-looking framework aimed at transforming the state into India’s first trillion-dollar economy while ensuring inclusive, sustainable, and region-balanced industrial development.

Chief Guest and key speaker, S S Muddamwar, Joint Director of Industries (JDI), said that MIISP 2025 marks a significant shift towards smart manufacturing, high-value services, and employment-oriented growth. “The policy has been designed to create a globally competitive ecosystem by simplifying procedures, strengthening institutional support, and offering attractive incentives to industries across manufacturing and services,” he said.

He said this policy will remain in effect for five years from the date of notification (31/12/2030) or until the next policy comes into effect.

Major Boost for MSMEs : The major significant enhancement of the MSME eligibility threshold, wherein the fixed capital investment limit has been increased from ₹50 crore to ₹125 crore—a long-pending industry demand that will now allow many growing enterprises to continue enjoying MSME-level incentives. Further, Large-Scale Industries (LSI) falling between MSME and Special LSI thresholds will now be eligible for MSME-like incentives, ensuring a smoother growth transition for expanding units.

Vidarbha Gets Strategic Advantage : The policy provides a strong incentive framework for Vidarbha by defining Special LSI units as those investing ₹ 200 crore or generating 150 jobs, making them eligible for incentives up to 90% of Fixed Capital Investment for 9 years, along with 100% SGST-linked incentives, a substantial improvement over the earlier policy regime.
Support for Services, GCCs & Knowledge Economy.

He also explained various incentives available to the thrust and priority sectors.

The policy targets investment attraction of USD 850 billion, generation of 50 lakh direct jobs, and a substantial increase in manufacturing and services contribution to the state’s Gross State Domestic Product by 2047. Special emphasis has been laid on MSMEs, emerging districts, women and youth entrepreneurship, and green and circular economy practices.

Key institutional reforms under MIISP 2025 include the creation of Invest Maharashtra, establishment of a Commissionerate of MSMEs and a Commissionerate of Services, and enhanced Ease of Doing Business measures. The policy also provides a wide range of fiscal incentives for manufacturing and service sectors such as capital subsidies, interest subsidies, employment-linked incentives, R&D support, and SGST-based Industrial Promotion Subsidies, etc.

Highlighting regional development, Muddamwar added that districts in Vidarbha, Marathwada, and other less-developed and no-industry regions will receive higher incentives to promote balanced industrialisation and local employment generation.

Aligned with the “Vikasit Maharashtra 2047” Vision, MIISP 2025 is expected to strengthen Maharashtra’s position as a preferred investment destination and a trusted global manufacturing and services hub.

While interacting, he informed about both fiscal and non-fiscal incentives. He also informed that detailed GR of Package Scheme of Incentives will be published shortly in which more details regarding the subsidies/ incentives for new and expansion units will be available.

Earlier, CA Girish Deodhar, Chairman – VIA MSME Forum made opening remarks and also conducted the proceedings. VIA President, Prashant Mohota felicitated S S Muddamwar for assuming the charge as JDI, Nagpur. In his welcome address, Prashant Mohota informed that VIA had shared many inputs and ODOP, which was incorporated in this new policy 2025. CA Naresh Jakhotia, Vice President – VIA welcomed Nilesh Gaikwad, General Manager – DIC, Nagpur. CA Nitin Agrawal, Jt Secretary of VIA introduced the guest speaker and also gave concluding remarks and proposed a formal vote of thanks.

Vaibhav Agrawal from Vaibhav Plasto, CA Sachin Jajodia, CA O S Bagdia, CA Mahendra Jain, Jethalal Rukhiana, Anup Bhalerao, representative from Apex Knives, Sandeep Metalcraft were prominently present.

Dear VIA Members,

Key Highlights

Mr S S Muddamwar, Joint Director of Industries (JDI), Nagpur, was the Chief Guest and key speaker, highlighted that MIISP 2025 marks a strategic shift towards smart manufacturing, high-value services, and employment-oriented growth.

• He emphasized that the policy is designed to create a globally competitive ecosystem through simplified procedures, strengthened institutional mechanisms, and attractive incentives for manufacturing and service sectors.
• The policy will remain effective for five years from the date of notification (31 December 2030) or until a new policy is announced. The policy offers a wide range of fiscal and non-fiscal incentives, such as capital and interest subsidies, employment-linked incentives, R&D support, and SGST-based Industrial Promotion Subsidies.
• Mr Muddamwar noted that Vidarbha receives a strategic advantage under the new policy and will receive higher incentives to promote balanced industrialization and local employment.
• A major highlight of MIISP 2025 is the significant boost for MSMEs, with the fixed capital investment limit enhanced from ₹50 crore to ₹125 crore, fulfilling a long-standing industry demand. This change enables growing enterprises to continue availing MSME-level incentives. Additionally, Large-Scale Industries (LSIs) falling between MSME and Special LSI thresholds will now be eligible for MSME-like incentives, ensuring a smoother growth transition. Special LSI units—defined as those investing ₹200 crore or generating 150 jobs—will be eligible for incentives of up to 90% of Fixed Capital Investment for nine years, along with 100% SGST-linked incentives, representing a substantial improvement over the previous policy.
• He also elaborated on incentives for thrust and priority sectors, and informed that MIISP 2025 aims to attract USD 850 billion in investments, generate 50 lakh direct jobs, and significantly enhance the contribution of manufacturing and services to Maharashtra’s GSDP by 2047. Special emphasis has been placed on MSMEs, emerging districts, women and youth entrepreneurship, green and circular economy practices.
• Key institutional reforms include the creation of Invest Maharashtra, establishment of a Commissionerate of MSMEs and a Commissionerate of Services, along with enhanced Ease of Doing Business measures.
• Aligned with the “Vikasit Maharashtra 2047” vision, MIISP 2025 is expected to further strengthen Maharashtra’s position as a preferred investment destination and a global manufacturing and services hub. He also informed that the detailed Government Resolution (GR) of the Package Scheme of Incentives will be published shortly, providing further clarity on incentives for new and expansion units.