Magnetic Maharashtra 2.0 – Investment & Industrial Facilitation
Magnetic Maharashtra 2.0 is a flagship investment initiative by the Government of Maharashtra aimed at attracting large-scale investments, promoting industrial growth, and enhancing ease of doing business in the state. It builds upon the Maharashtra Industrial Policy 2019 and related sectoral policies to create a comprehensive ecosystem for investors.
Reference:
Maharashtra Industrial Policy 2019
MIDC & Government of Maharashtra Investment Framework
Magnetic Maharashtra Summit (Govt. Initiative)
Objective & Strategic Focus
The initiative is designed to:
Attract domestic and global investments across sectors
Promote MSME growth and large-scale industrial development
Generate employment and support entrepreneurship
Ensure balanced regional development across districts
Improve ease of doing business through policy and infrastructure support
These objectives are aligned with the Industrial Policy focus on investment growth, employment generation, and sustainable industrialisation.
Key Policy Framework (Industrial Policy 2019 Backbone)
Magnetic Maharashtra 2.0 operates through incentives and facilitation mechanisms under the Industrial Policy 2019 and Package Scheme of Incentives (PSI 2019).
Core Incentives Available
Investment Promotion Subsidy (SGST Refund)
Stamp Duty Exemption (up to 100% in eligible areas)
Power Tariff Subsidy & Electricity Duty Exemption
Interest Subsidy & Capital Subsidy
Sector-specific incentives for thrust industries
These incentives are structured based on investment size, location (zone classification), employment generation, and sector.
Sectoral Focus & Priority Industries
The initiative promotes investments in high-growth and strategic sectors, including:
Manufacturing & Industry 4.0 (AI, Automation, Robotics)
Electronics & Semiconductor Manufacturing (ESDM)
Electric Vehicles & Clean Energy
Textiles & Technical Textiles
Pharmaceuticals & Biotechnology
Aerospace & Defence Manufacturing
Food Processing & Agro-based Industries
These sectors are identified as thrust sectors eligible for additional incentives under state policies.
Ease of Doing Business & Infrastructure Support
Magnetic Maharashtra 2.0 emphasizes simplification of approvals and infrastructure readiness:
Single-window clearance systems (e.g., MAITRI platform)
Industrial land allocation through MIDC
Plug-and-play industrial infrastructure
Online approval and tracking mechanisms
The policy ensures that approvals and investor facilitation are streamlined to reduce project timelines.
Investment Outcomes & Impact
Over 303 MoUs signed with proposed investments of approximately ₹26.8 lakh crore
Potential to generate over 26 lakh employment opportunities
Strong contribution to Maharashtra’s position as a leading FDI destination in India
These outcomes reflect the initiative’s role in strengthening Maharashtra’s industrial ecosystem.
Eligibility & Project Classification
Projects are classified based on:
Fixed Capital Investment (FCI)
Employment generation
Location (A, B, C, D, D+ zones and special regions)
Type of unit (MSME, Large, Mega, Ultra-Mega)
Higher incentives are typically provided to projects in less developed regions to promote balanced growth.
Role of Inventa
We assist investors in leveraging benefits under Magnetic Maharashtra 2.0 through:
Identification of eligible schemes and incentives
Project structuring aligned with policy benefits
Preparation of DPR, financial models, and documentation
Application filing and liaison with MIDC / DIC / State Departments
Follow-up for approvals, eligibility certificates, and subsidy disbursement
Our approach ensures that projects are structured to maximize incentives while remaining fully compliant with Government policies.