Gems & Jewellery

Overview

The Gems & Jewellery Policy supports diamond, gold, silver, platinum, lab-grown diamond, gemstone and imitation jewellery units in Maharashtra.

Key highlights

  • Up to 100% SGST reimbursement (IPS) for 10 years.
  • 20%–25% subsidy on Fixed Capital Investment, with caps up to ₹50 crore for large projects.
  • EOUs may receive 1%–2% turnover incentives.
  • Valid for 5 years, with total incentives allowed up to 120% of investment.