Circulars

Cir No. 12 / E-9 / 2025  

Cir No. 12 / E-9 / 2025 26th June 2025

TO ALL MEMBERS IN MAHARASHTRA :

Dear Sir,

We reproduce below the Contents of an E-mail received from MSME Business Solutionon Export Promotion Policy 2023 of Govt  of Maharashtra which is providing comprehensive support to Exporters, MSMEs, and Special Large-Scale Industries.

If you are a Manufacturing Unit, Exporting at least 50% of your Annual Turnover, then you can avail the benefit given by the Maharashtra State Government under this Policy.

More Details are stated in the said E-mail.

QUOTE:

The Maharashtra Export Promotion Policy 2023 aims to position Maharashtra as a leading export hub in India by providing comprehensive support to exporters, MSMEs, and special large-scale industries.

If you are a manufacturing unit, exporting at least 50% of your annual turnover, then you can avail the benefit given by the Maharashtra State Government under this policy.

For MSME (Asset cost up to 50cr):

 1.    ECGC Refund: The refund of premium consignments under ECGC for up to first 5-10 consignments.

2.    Special Export Incentive: Upto 1-2% of incremental increase in export turnover for 5-7 years (Additional 1% for For Agro, Food, Marine & Aqua Industry

3.     Interest Subsidy:  Interest Subsidy at 5% on 100% FCI for 5 years will be applicable 

4.   Assistance for Participation in International Exhibitions: 50%-75% subsidy (Up to Rs.3 Lac)

5.    Subsidy for Trade Delegations:  MSMEs participating in international delegations will get  50% subsidy (75% for women/SC/ST) max up to Rs. 1 Lacs 

6.    Logistics Subsidy for First-Time MSME Exporters:  50% (up to â‚¹1 Lakh per MSME per year.) reimbursement of total logistics expenditure (shipping, freight, and other logistics costs.) for the first 3 years. 

For Special LSI (Asset cost above 50cr):

 1.    Special capital Incentive: 30% Capital Subsidy on plant-machinery upto Rs. 1-1.5 Crs

2.    Electricity duty exemption: 100% electricity exception for upto first 5-7 years

3.    EPF Refund: Reimbursement of up to 50-75% employer share towards employees’ provident fund contribution

Note: These incentives are subject to terms and conditions. These incentives can significantly reduce your project cost and improve your business profitability.

UNQUOTE :

For more Details / Assistance, you are requested to Contact Mr S. Kumar on M- 8286001239 / 022-49727055 or E-mail : info.msmebiz@gmail.com , info@msmesubsidy.in

Thanking you,

P. Chandrasekharan
Senior Director & Secretary


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