Wool Industry Subsidy - Maharashtra

Wool Industry Subsidy Support under Maharashtra Textile Policy 2023-28

Unlock Growth with Government Support for Integrated Textile Infrastructure

India ranks among the top wool-producing nations, with a robust ecosystem supporting the wool and woolen garment sector. Maharashtra, being one of the key wool-producing states, plays a significant role in the national rural economy and textile value chain.

Whether you're a wool yarn spinner, garment manufacturer, or engaged in farming and cocoon production, this policy opens up substantial financial opportunities to grow your business.

Available Subsidies for Wool Yarn and garments industry

1. Capital Subsidy & Electricity Subsidy

   Sl. No.	Zone	Capital Subsidy	Electricity Subsidy
   MSME
   1	Zone 1	45% of Fixed Capital Investment	Rs. 2 per unit
   2	Zone 2	40% of Fixed Capital Investment	Rs. 2 per unit
   3	Zone 3	35% of Fixed Capital Investment	Rs. 2 per unit
   4	Zone 4	30% of Fixed Capital Investment	Rs. 2 per unit
   Large Enterprises
   1	Zone 1	40% of Fixed Capital Investment	Rs. 2 per unit
   2	Zone 2	35% of Fixed Capital Investment	Rs. 2 per unit
   3	Zone 3	30% of Fixed Capital Investment	Rs. 2 per unit
   4	Zone 4	25% of Fixed Capital Investment	Rs. 2 per unit
   Mega Enterprises
   1	Zone 1	55% of FCI with a maximum up to INR 250 crore	Rs. 2 per unit
   2	Zone 2	50% of FCI with a maximum up to INR 225 crore	Rs. 2 per unit
   3	Zone 3	45% of FCI with a maximum up to INR 200 crore	Rs. 2 per unit
   4	Zone 4	40% of FCI with a maximum up to INR 175 crore	Rs. 2 per unit

1. Note on Electricity Subsidy for Existing Units

   1. Subsidy is provided only for 2 years
   2. Max Cap of Rs. 40 Lakh per month
   3. The 3rd year’s Subsidy will be provided as capital subsidy for setting up Solar power plant

2. Additional Capital Subsidy

   1. 5% - for SC / ST / Minority / Ex Servicemen Enterprises
   2. 5% - for Women Enterprises

3. Capital Subsidy for Solar Power Plant

   1. Maximum up to Rs. 4.8 cr (or) FCI up to 4 MW (or) 12 months electricity Subsidy whichever is less
   2. - 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

Why Choose Unique Group as Your Wool Sector Subsidy Consultant?

At Unique Group, we understand the intricacies of the Maharashtra Textile Policy and the subsidy ecosystem. Our in-depth experience with DGFT procedures and industrial policy interpretation enables wool manufacturers and processors to unlock the full benefits they’re entitled to.

✔️ Expertise in end-to-end application & DPR preparation
✔️ Assistance with solar capital subsidy integration
✔️ Seamless liaisoning with state and central agencies
✔️ Proven track record of helping MSMEs and large units
✔️ Tailored advice for your plant's size, location, and production model

We help you avoid procedural hurdles and ensure timely disbursement of your wool sector subsidies.