INTRODUCTION

SICOM Advisory Section has been closely working with Industries Department, Govt. of Maharashtra.

With its professional expertise, it is providing entrepreneurs with a range of advisory services as below;

• Project appraisals under various Government schemes,
• Financial due diligence,
• Investment and transaction advisory,
• Valuation of assets,
• Handholding of investors, etc.

OUR SERVICES

APPRAISALS UNDER THE PACKAGE SCHEME OF INCENTIVES POLICY

• The best in class Policy of the Industries Department, Govt. of Maharashtra
• Incentives offered upto 100% of the project cost depending upon the tax paid on sales
• Subsidies in the form of Stamp Duty Exemption, GST refunds, Electricity Duty Exemption, etc.

APPRAISALS UNDER THE STATE TEXTILE POLICY

• The investor friendly Policy implemented online, offering subsidy up to 40% on new textile machinery purchased post 02nd December 2015 and meeting the TUFS eligibility criteria
• Additional subsidy for backward regions
• Civil costs incurred towards ETP construction included

ASSISTANCE UNDER MAHARASHTRA INDUSTRIES, INVESTMENT & TRADE FACILITATION CELL (MAITRI)

• MAITRI is a single window clearance system for industrial permissions, which also provides guidance for setting-up industry
• Fast-track long pending industrial permissions
• Grievance redressal forum under direct guidance of senior officers from Government Departments

APPRAISALS UNDER THE CLUSTER (MS-ICDP) PROGRAM

• Maharashtra State Industrial Cluster Development Program (MS-ICDP) of Industries Department, Govt. of Maharashtra to upgrade industrial clusters in backward regions of Maharashtra
• Generate employment at grass root level with additional incentive for SC/ST and Women clusters
• Capital subsidy up to 90% of Common Facility Centre (CFC) cost

APPRAISALS UNDER THE TOURISM POLICY

• Incentive in the form of GST exemption, luxury tax exemption, entertainment tax exemption, etc.
• Licenses and Clearances to be renewed every 5 years instead of renewals on yearly basis
• Special incentives for tourism zones and tourism districts
• Fast-tracking of approvals

GOVERNMENT ADVISORY ASSIGNMENTS

• Facilitation for sale of assets
• Transaction advisory support tendering/ bidding process
• Valuation of assets, etc.

OUR CREDENTIALS

• SICOM Advisory Section has appraised over 500 projects - Ultra Mega, Mega and Large projects as well as SME in diversified industrial segments across the State
• It has facilitated investment to the tune of Rs.50,000 crore resulting in an employment generation of over 7,00,000 persons
• This has contributed towards making Maharashtra the Numero Uno investment destination in the Country