The Government of Maharashtra announced its 1st LoI / Registrations to IT/ITES Parks and Units Policy in 1998. It was followed by the LoI / Registrations to IT/ITES Parks and Units-2003 and LoI / Registrations to IT/ITES Parks and Units-2009 to generate employment, increase efficiency and to improve the quality of life. Based on the experience gained while implementing the earlier policies and based on the recent developments in IT/ITES sector an urgent need was felt to formulate a new policy to keep pace with the global developments and give a fillip to the IT/ITES industry in the State. For preparing this policy document several rounds of discussion were held with various stakeholders. Based on the outcome of these discussions and based on the experience of the department in implementing earlier IT/ITES policies, a new LoI / Registrations to IT/ITES Parks and Units-2015 has been framed.
“Maharashtra - a globally competitive Information Technology / Information Technology Enabled Services destination that promotes inclusive growth and to establish Maharashtra as an intellectual and knowledge capital of India”.
To place Maharashtra amongst the most preferred investment destinations for global investors through promotional strategies combined with developing a competitive and sustainable investment environment, thereby making Maharashtra as one of the most favoured economic magnet and center of attraction.
The objectives of the LoI / Registrations to IT/ITES Parks and Units - 2015 are as follows:
In line with the policy objectives, the government has set the following targets for the policy period:
With increasing globalization, the impetus is on setting up and running manufacturing facilities which are cost competitive. India with its factor endowments, availability of skilled labour and developing infrastructure, has constantly improved its attractiveness as a global manufacturing destination. In view of this development, Government of India has set an ambitious target of increasing India‟s manufacturing sector share to 28 per cent of GDP by 20221 from the existing share of 16 per cent (2009-10).
The Industrial Policy, 2013 focuses on the following:
“Maharashtra - a globally competitive manufacturing destination that promotes faster sustainable investment and inclusive growth”.
To place Maharashtra amongst the most preferred investment destinations in Asia, for global investors, through aggressive promotional strategies combined with developing a globally competitive and sustainable investment environment, thereby making Maharashtra as one of the most favoured economic magnets and centres of unlimited attractions.
The objectives of the Industrial Policy, 2013 are:
One of the great opportunities in this age of “Century of Knowledge” is the emergence of knowledge based IT industries and another emerging opportunities on the horizon is Biotechnology. Biotechnology has the potential to transform the lives of the people in the state by impacting hugely on agriculture, animal husbandry, health, environment protection and material transformation. It is to realize this potential that the state has already announced Biotechnology Policy-2001.
To attract foreign direct investment, promote export and generate employment in the country, the State Government has announced a policy for setting up Special Economic Zone, vide G.R. dated 12.10.2001 and subsequently, Central Government has enacted SEZ Act, 2005
Definition of 'Special Economic Zone - SEZ'
Basic Objective for Establishing Special Economic Zone (SEZ)
Who can set up SEZs?
New Textile Policy, 2011-17 lays emphasis on raising processing units at various levels from cotton to manufacturing textiles for the assured long term development on priority basis in the cotton producing sector, expansion of the textile industry and growth of employment in the State.
This package scheme of Incentives dt.30th March 2007 outlines the various incentives available in the state. This is operative from 1st April 2007 to 31st March 2011.
Modification of Industrial Location policy in MMR
This policy aims to promote the orderly growth of the Grapes Processing Industry in the State