incentives given by maharastra govt to enterpeneurs

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Maharashtra Industrial Development Corporation DESTINATION MAHARASHTRA Opportunities Unlimited Government of Maharashtra By s.jayendra krishna

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Page 1: incentives given by Maharastra govt to Enterpeneurs

Maharashtra Industrial Development Corporation (MIDC)

DESTINATION MAHARASHTRAOpportunities Unlimited

Government of MaharashtraBy s.jayendra krishna

Page 2: incentives given by Maharastra govt to Enterpeneurs

Major ports in India

Page 3: incentives given by Maharastra govt to Enterpeneurs

Maharashtra Ports – Forging Ahead

Brief on maharastra port sector

Maharashtra has 720 km long coastline;10% of India’s coastline The State has five districts along the coastline Two major ports: MbPT (Mumbai Port Trust) located in Mumbai , JNPT (Jawaharlal Nehru PortTrust) in Raigad district

JNPT is the largest container port in India while MbPt is natural deep-water harbour of 400 sq.Kms.

JNPT and MbPT account for the largest share of exports-imports and trans-shipment in the country

MbPT with 18,700 employee is the biggest employer among the major ports in India.

Maharashtra has 48 minor ports,with 14 operational ports

Page 4: incentives given by Maharastra govt to Enterpeneurs

Growth trajectory of maharastra port sector ► Maharashtra Ports showed a strong positive growth in its performance in the year 2009-10

► The State collectively handled the maximum traffic in India

Page 5: incentives given by Maharastra govt to Enterpeneurs

Government initiatives: Greenfield Port Policy 2010

The Greenfield Port policy envisages an investment of INR 22,775 Crores in its minor portsSalient features of the Greenfield: Po

Based on BOOST (Build,Own,Operate,Share,andTransfer) model

► Concession period – 50 yrs (includes construction period of 5 yrs)

► Lease of government land at market value

Page 6: incentives given by Maharastra govt to Enterpeneurs

► Exemption from the payment of registration fee and stamp duty

► Maharashtra Maritime Board (MMB) will act as the Nodal agency for land acquisition

► Sharing of construction and maintenance cost of approach road and water supply by MMB p

► The cost of construction of roads will be born by the investors policy 2010

Page 7: incentives given by Maharastra govt to Enterpeneurs

Page 21 Port and Logistic Sector

Major Maritime Players

Maharashtra Port Sector

Page 8: incentives given by Maharastra govt to Enterpeneurs

Textile industry

Page 9: incentives given by Maharastra govt to Enterpeneurs

Textile industry

o The Textile industry in the state economic structure occupies an important place

Why…… b.coz

Page 10: incentives given by Maharastra govt to Enterpeneurs

State of Maharashtra is..

having 3.5 million hectares of cotton cultivations

producing 6.7million bales per annum(second highest in country)

3.96 million installed spindles

10.054 million installed rotors

production capacity of 368.45 million kilograms of spun yarn 339.51 million kilograms of man-made filament yarn.

Page 11: incentives given by Maharastra govt to Enterpeneurs

10.14 lakh power looms

power looms -producing about 10123.78 million meter cloth per annum direct employment to 2.00 million people

In addition to this, there are 30000 handlooms in the state.

These handlooms are deeply rooted to the tradition and heritage of the state.

In fact, these handlooms are structurally weak but traditionally strong

Page 12: incentives given by Maharastra govt to Enterpeneurs

Incentives given by the government• Special capital incentive• The Interest Subsidy• Sectorial Initiatives• scheme of N. C. D. C• Rehabilitation scheme• NABARD for capital incentive• supply electricity to the power loom holders at concessional

rate.• Housing For Textile Workers

Page 13: incentives given by Maharastra govt to Enterpeneurs

IT INDUSTRYABOUT IT IN MAHARASTRA….• 369 private IT Parks are in progress • 55/369 Parks have already been set up, generating employment for 1.27

lakh persons. • Generates > 6.62 lakh new jobs ,when remaining completed• Maharashtra is one among the top three States in IT exports.(inc by

135%)• The growth rate of FDI in the State’s IT sector has been the highest in the country.

Page 14: incentives given by Maharastra govt to Enterpeneurs

Incentives • Additional FSI and other benefits for IT Parks• exempt from payment of Electricity Duty• Level of exempt of Stamp Duty depending on the size and location .• Property tax shall be levied on IT-ITES units at par with residential rates.

Page 15: incentives given by Maharastra govt to Enterpeneurs

Agriculture Maharashtra

Page 16: incentives given by Maharastra govt to Enterpeneurs
Page 17: incentives given by Maharastra govt to Enterpeneurs

Land Utilisation Pattern

Net Area Sown, 174733, 56%

Misc.Trees & groves,

2488, 1%

Current Fallow , 13271, 4%Other Fallow,

12041, 4%

Permanent Pasture,

12524, 4%

Culturable Waste, 9137, 3%

Non- Agril use, 14069, 5%

Barren & uncult. , 17198, 6%

Forest, 52122, 17%

Area fig. in “00’ ha.

Page 18: incentives given by Maharastra govt to Enterpeneurs

• Farmer Field Schools• To sanction loans @ 6%• Soil health improvement project• Efficient use of Water • Increasing Seed Replacement rate • To increase fertilizer use efficiency • Plant Protection• Debt Relief Scheme

INCENTIES:Maharashtra Agriculture Productivity Improvement Campaign(MAHPIC)

Page 19: incentives given by Maharastra govt to Enterpeneurs

Maharashtra: The Preferred Industrial Investment Destination

due to its….

• geographical position

•13% contribution of national GDP

•Percaptia income of 19% which is higher than country percaptia income

•Its 96.88 million people (9.4 % of country’s population) produce over 19% of thecountry’s National Output

•forefront of economic development

and is often called the economic powerhouse of the country.

Page 20: incentives given by Maharastra govt to Enterpeneurs

Policies of the govt for the support to industires

• Industrial Promotion Subsidy: New SSI/MSI/LSI (including IT/BT) units

Expansion units• Additional Incentives:• Special Incentives for Units coming up in Districts low in HDI:• Interest Subsidy:• Exemption from Electricity Duty:• Waiver of Stamp Duty:•Refund of Octroi / Entry Tax in lieu of Octroi•Octroi Exemption on Raw Material•Modification of seed money scheme

Page 21: incentives given by Maharastra govt to Enterpeneurs

From all these polices ,

we can decide Maharashtra is the right place for entrepreneurs

Page 22: incentives given by Maharastra govt to Enterpeneurs

THANK YOU