Eligibility Criteria for Maharashtra State Textile Policy
Following businesses are eligible under this scheme :
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Ginning/Pressing/Spinning
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Weaving/Knitting/Hosiery
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Garment/Apparel and made-ups
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Silk sector/Wools Sector
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Textile Parks/Processing Parks
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Other textile components etc.
Documents Required for Maharashtra State Textile Policy
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KYC Details of Proprietor/Partners/Directors
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PAN Card of Partnership Firm/Company
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Udyog Aadhar
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Partnership Registration Certificate/Certificate of Incorporation
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Purchase deed/ Lease rent agreement for business location
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Invoices of Machinery purchased (along with delivery challans)
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GST registration certificate
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Electricity Bills of previous 3 months
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Loan Sanction Letter (if any)
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Maharashtra Pollution Control Board (MPCB) Certificate
Additional Details required for Application :
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Trade Name, Date of Commencement and Nature of Business
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Type of Entity (New/Existing)
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Contact number & Email Id
FAQ on Maharashtra State Textile Policy
Q. Who provides benefits under Maharashtra State Textile Policy ?
Maharashtra State Textile Policy is scheme of Maharashtra government to promote textile manufacturing and allied units.
Q. What is the quantum of Subsidy ?
Maharashtra State Textile Policy provides a capital subsidy up to 40% for ginning/pressing/spinning.
It also provides capital subsidy up to 60% for technical textile/kinniting/hosiery/garmenting.
Q. What is the maximum amount of Subsidy that can be received under the Scheme ?
The maximum subsidy that can be claimed is 25% of the cost or the amount prescribed by NABARD whichever is lower.
Q. Can subsidy be claimed for any unit located in India ?
No, this scheme covers only units located in state of Maharashtra.
Q. In what form the benefits are received ?
The subsidy is received over a period of 3 years.
