IT /ITES Policy of Maharashtra 2023

Mission :

• To Ensure Maharashtra as the most preferred destination for investment and innovation among global IT& ITES enterprises through Strategic Policy Interventions, Development of Competitive Advantage and Enabling Business Environment.
• To strengthen the leadership position in IT & ITES Sector in India.
• To further accelerate IT & ITES investment flows to the State for sustainable and balanced Regional Development.
• To promote intellectual Property creation, innovation, and technology commercialization for new Technology products/services especially for indigenous products developed in Maharashtra.
• Becoming Destination of Choice for Global companies by significantly increase in investment inflows in emerging technologies with a focus on developing associated support ecosystems.
• To develop a robust IT & ITES and Emerging Technology talent pool, which is highly employable, skilled and spurs the growth of the sector in Maharashtra.

Fiscal Benefits to IT / ITES Units

• Stamp duty exemption.
• Electricity duty exemption.
• Unit will be supplied power at Industrial Tariff.
• Property Tax will be levied at per with residential rates.
• Financial Assistance for certification of CMM level 2 upwards, ISO 27001 and COPC and E SCM certification.
• Financial Assistance for market Development.
• Financial Assistance for patent certification.