Policy period extension for industries

The state cabinet decided to extend the period for the Electronics, Space and DEFENCE andReadymade Garmentindustry policies issued by theIndustries Department.

These policies will remain in force till new policies of the respective subjects are prepared.Maharashtra ElectronicsPolicy-2016 and Incentives for Fab Projects under it expired on March 31, 2023.

Flattened Sedimentary Industrial Complex Policy-2018 forReadymade Garment Manufacturing, Gems and Jewellery, Micro Electronics and Engineering Componentshas expired on 13 February 2023. Therefore, it was decided to extend these policies.