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GST Review August-2025

Maharashtra Industry, Trade and Investment Facilitation Act (MAITRI Act) in 2023

Chaitanya Suhas Sadekar
Registered Income Tax Practitioner Registered GST Practitioner Industrial Consultant Industrialization in Maharashtra has been rapid since the pre-independence era. Even after independence, the pace of industrialization in Maharashtra was higher compared to other states, but it was concentrated mainly in Mumbai and its suburbs. To reduce the burden on these cities, the Maharashtra government established the Maharashtra Industrial Development Corporation (MIDC) in 1962 under the leadership of S.G. Barve. MIDC was set up to spread industrialization across Maharashtra, starting with Pune and Thane. As industrialization progressed in Maharashtra, other states like Gujarat, Karnataka, Tamil Nadu, and Andhra Pradesh were also undergoing rapid industrialization, creating a competitive environment. To facilitate industrial growth, various states introduced regulatory frameworks, including licenses, no-objection certificates, and registration certific.......