Subsidy for Power Looms in Maharashtra
Unlock Capital Subsidies, Power Tariff Benefits & Solar Support for Power Loom UnitsMaharashtra is home to over 13 lakh power looms, making it the largest powerloom hub in India, accounting for 50% of the country’s total capacity. To boost competitiveness, promote modernization, and improve energy efficiency, the Integrated and Sustainable Textile Policy 2023–28 offers capital, electricity, and solar subsidies to private-sector power loom units across various zones in the state.
Whether you're planning a new unit or expanding your existing setup, now is the right time to invest in modern power loom technology with strong financial support from the Government of Maharashtra.
Available Subsidies for Power looms
-
Capital Subsidy & Electricity Subsidy
|
Sl. No. |
Zone |
Capital Subsidy |
Electricity Subsidy |
|
MSME |
|||
|
1 |
Zone 1 |
45% of Fixed Capital Investment |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
2 |
Zone 2 |
40% of Fixed Capital Investment |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
3 |
Zone 3 |
35% of Fixed Capital Investment |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
4 |
Zone 4 |
30% of Fixed Capital Investment |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
Large Enterprises |
|||
|
1 |
Zone 1 |
40% of Fixed Capital Investment |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
2 |
Zone 2 |
35% of Fixed Capital Investment |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
3 |
Zone 3 |
30% of Fixed Capital Investment |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
4 |
Zone 4 |
25% of Fixed Capital Investment |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
Mega Enterprises |
|||
|
1 |
Zone 1 |
55% of FCI with a maximum up to INR 250 crore |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
2 |
Zone 2 |
50% of FCI with a maximum up to INR 225 crore |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
3 |
Zone 3 |
45% of FCI with a maximum up to INR 200 crore |
LT- Rs. 3.77 & HT Rs. 2 per unit |
|
4 |
Zone 4 |
40% of FCI with a maximum up to INR 175 crore |
LT- Rs. 3.77 & HT Rs. 2 per unit |
-
Note on Electricity Subsidy for Existing Units
- Subsidy is provided only for 2 years
- Max Cap of Rs. 40 Lakh per month
- The 3rd year’s Subsidy will be provided as capital subsidy for setting up Solar power plant
-
Additional Capital Subsidy
- 5% - for SC / ST / Minority / Ex Servicemen Enterprises
- 5% - for Women Enterprises
-
Capital Subsidy for Solar Power Plant
- Maximum up to Rs. 4.8 cr (or) FCI up to 4 MW (or) 12 months electricity Subsidy whichever is less
- For new units/ units undertaking expansion, units will include the cost of installation of solar power plant in the Detailed Project Report (DPR) and the capital subsidy will be calculated on the fixed capital investment (eligible plant and machinery and solar plant) up to maximum of 4MW capacity
-
Maha Technology Upgradation Fund Scheme (Maha-TUFS)
Zone 1
40% of the basic cost of eligible machinery or INR 25 crore
Zone 2
35% of the basic cost of eligible machinery or INR 20 crore
Zone 3
30% of the basic cost of eligible machinery or INR 15 crore
Zone 4
25% of the basic cost of eligible machinery or INR 10 crore
Eligibility for TUF scheme
- The unit have completed 15 years of production on the existing machinery.
- The unit has a net positive worth.
- The unit uses clean energy.
- The Detailed Project Report (DPR) under the MAHA-TUFS has been approved by the Committee formed by the state government.
Why Choose Unique Group?
Navigating subsidy schemes is not easy. That’s why Unique Group is here to make it seamless. With over 20 years of experience in government subsidies and DGFT services, we help textile units like yours:
✅ Prepare DPRs & project submissions
✅ Apply & track subsidy claims
✅ Guide
you in capitalizing on Solar Plant benefits
✅ Handle MAHA-TUFS application & documentation
✅ Liaise with government
departments for fast approval
We’ve worked with 500+ clients across India to claim millions in subsidies. Let us help you too!
