Maharashtra IT and ITES Policy

In the age of rapid digitalization, Maharashtra has emerged as one of India’s top destinations for Information Technology (IT) and IT-enabled Services (ITES) investments. To accelerate this momentum and position the state as a global digital hub, the Government of Maharashtra introduced the IT and ITES Policy, aiming to build robust infrastructure, attract talent, and boost employment generation.

This blog explores the highlights, objectives, and benefits of the Maharashtra IT and ITES Policy, along with how businesses and investors can leverage it to succeed in India’s digital economy.

Objective of Maharashtra IT and ITES Policy

The primary goal of the Maharashtra IT and ITES Policy is to:

Promote balanced regional growth in the IT sector.
Encourage innovation and entrepreneurship in Tier II and Tier III cities.
Create a skilled workforce aligned with industry demand.
Develop world-class IT infrastructure, including IT parks and data centers.
Attract both domestic and foreign direct investment (FDI).

By addressing the digital divide and promoting inclusive IT growth, Maharashtra envisions itself as a preferred destination for software development, service delivery, and emerging tech ventures.

Key Features of the Policy

1. Special Incentives for IT Units

To attract companies to set up operations in the state, the policy offers:

Capital subsidies for setting up IT/ITES units.
Exemption from stamp duty, electricity duty, and property tax for eligible units.
Floor space index (FSI) benefits to IT buildings and parks.

2. Infrastructure Development

Establishment of IT Investment Regions (ITIRs) and Knowledge Corridors.
Promotion of plug-and-play IT parks, especially in less-developed districts.
Expansion of broadband and optical fiber networks across the state.

3. Skilling and Employment Initiatives

Government-supported training programs to boost IT talent pool.
Support for finishing schools and incubation centers in universities and colleges.
Employment incentives for companies hiring local youth.

4. Focus on Emerging Technologies

To stay ahead of the curve, the policy promotes:

Artificial Intelligence (AI) and Machine Learning (ML) hubs.
Blockchain-based governance solutions.
Internet of Things (IoT) and Fintech incubators.

Benefits for Tier II and Tier III Cities

One of the most forward-thinking aspects of the policy is its strong focus on regional development. Cities like Nagpur, Nashik, Aurangabad, Kolhapur, and Amravati are being developed as next-gen digital centers through:

Investment promotion for IT parks and BPO hubs.
Affordable land and infrastructure incentives.
Government handholding in project implementation.

This decongests metros like Pune and Mumbai while spreading IT-driven employment opportunities across the state.

Boost to Startups and MSMEs

The Maharashtra IT Policy provides special benefits to startups and MSMEs, including:

Subsidized space in incubation centers.
Interest subsidies on loans for IT infrastructure.
Simplified registration and compliance norms.
Mentorship and networking support from industry associations.

These incentives aim to transform Maharashtra into a startup-friendly state, encouraging the development of homegrown tech solutions.

Expected Outcomes of the Policy

By effectively implementing the Maharashtra IT and ITES Policy aims to:

Create 10 lakh+ direct and indirect jobs.
Generate Rs. 25,000 crore+ investments in IT infrastructure.
Increase the contribution of IT/ITES to the state’s GDP.
Strengthen India’s position as a global outsourcing and software services hub.

How Cretum Advisory Can Help?

Setting up a business or expanding under Maharashtra’s IT and ITES Policy can be a game-changer, but navigating government procedures, approvals, and compliance can be complex.

Cretum Advisory offers:

Policy advisory and project evaluation
End-to-end assistance for availing government incentives and subsidies
Company incorporation, legal, and Income taxation support
Business registration and documentation services
Funding and compliance advisory for startups and IT units

Our team of experts helps IT companies, startups, and MSMEs maximize policy benefits while ensuring 100% compliance—from land acquisition to GST filings and labor registrations.

Let’s Connect

Whether you’re a startup, an established IT company, or a foreign investor eyeing Maharashtra, Cretum Advisory is your trusted partner for business setup, growth, and regulatory support.

📩 Email us at: info@cretumadvisory.com

The Final Thought

The Maharashtra IT and ITES Policy reflects a strong commitment to digital transformation, innovation, and employment creation. With strategic infrastructure, incentives, and forward-looking initiatives, the state is empowering businesses to thrive in a technology-first economy. Leveraging this policy through professional guidance from firms like Cretum Advisory can unlock unprecedented growth opportunities.

FAQs – Maharashtra IT and ITES Policy
Q1. What is the Maharashtra IT and ITES Policy?

The policy is a government initiative to boost investment, employment, and digital infrastructure in the IT and ITES sectors across Maharashtra.

Q2. Who can benefit from this policy?

IT companies, ITES firms, startups, MSMEs, investors, and entrepreneurs looking to establish or expand operations in Maharashtra.

Q3. What incentives are offered under the policy?

Capital subsidies, stamp duty exemptions, tax benefits, FSI relaxations, and incentives for hiring local talent.

Q4. Does the policy support startups and MSMEs?

Yes, it offers incubation support, interest subsidies, mentorship, and simplified compliance for startups and MSMEs.

Q5. Which cities are targeted under this policy?

Along with Pune and Mumbai, the policy promotes IT growth in Tier II and Tier III cities like Nagpur, Nashik, Aurangabad, and Kolhapur.

Q6. Is there any focus on emerging technologies?

Yes, the policy supports development in AI, ML, blockchain, IoT, and fintech through dedicated hubs and incubators.