Make in Maharashtra Biotechnology Policy 202-2030

Leading the Future of Innovation and Life Sciences

Maharashtra, as one of India’s most dynamic and progressive states, is committed to leading the nation in biotechnology innovation and research. The Maharashtra Biotechnology Policy 2024 lays the foundation for the state to become a global hub for biotechnology, driving advancements that not only enhance human health and agriculture but also foster environmental sustainability and industrial innovation.

Make in Maharashtra’s aim is to harness the transformative potential of biotechnology to fuel economic growth, promote inclusive development, and position Maharashtra as a global leader in life sciences, research, and biotechnological applications. The state envisions building a robust ecosystem that fosters industry-academia collaboration, encourages entrepreneurship, and supports cutting-edge R&D in sectors like pharmaceuticals, agro-biotech, bioenergy, and industrial biotechnology.

Vision for 2030: Maharashtra as India’s Biotechnology Powerhouse

By 2030, Make in Maharashtra envisions transforming the state into a global leader in biotechnology, achieving the following goals:

Attracting ₹75,000 crores in investments into the biotechnology sector, supporting cutting-edge research, industrial-scale production, and innovative biotech start-ups.
Establishing 20+ biotechnology parks and incubators to foster collaboration between academia, research institutions, and industry players.
Creating 1 lakh direct and indirect jobs in the biotechnology sector, with a focus on inclusive employment for women, rural communities, and underrepresented groups.
Promoting Maharashtra as a global hub for biopharmaceuticals, agricultural biotechnology, bioinformatics, synthetic biology, and renewable bioenergy solutions.

Mission: Building Maharashtra’s Biotechnology Ecosystem

Make in Maharashtra is dedicated to creating a self-sustaining biotechnology ecosystem that drives innovation, fosters research, and supports industrial-scale biotech solutions for the global market. The key missions of the Maharashtra Biotechnology Policy 2024 are:

Encouraging industry-academia collaboration to promote knowledge transfer, commercialize research, and create a seamless pipeline from innovation to market.
Fostering entrepreneurship and biotech start-ups by providing financial and non-financial support, incubators, and access to venture capital.
Promoting research and development in biotechnology to drive breakthroughs in pharmaceuticals, agro-biotech, biomanufacturing, and bioenergy.
Supporting sustainable development by using biotechnology to address critical challenges in agriculture, healthcare, and environmental conservation.
Enhancing human capital by building a skilled workforce, offering specialized training programs, and encouraging the establishment of biotechnology skill development schools.

Key Objectives: Maharashtra’s Biotechnology Roadmap

The Maharashtra Biotechnology Policy 2024 outlines key objectives to position Maharashtra as a global leader in biotechnology:

Fostering Innovation through Collaboration: Maharashtra will encourage collaboration between industry, academia, and research institutions to accelerate biotechnology innovation in areas like biopharmaceuticals, agro-biotechnology, medical devices, and bioenergy.
Attracting Investments and Scaling Biotech Infrastructure: The state will attract ₹75,000 crores in biotechnology investments by establishing biotech parks, research centers, and incubation hubs, ensuring that Maharashtra becomes a top destination for biotechnology R&D and manufacturing.
Promoting Biotech Start-ups and Entrepreneurship: Maharashtra will support 100+ biotech start-ups through comprehensive incentives, incubation support, and access to funding, fostering a thriving ecosystem of biotech entrepreneurs.
Developing a Skilled Biotechnology Workforce: By partnering with universities, research institutions, and industry leaders, Maharashtra will focus on building a talent pipeline of biotechnology professionals, ensuring that the state is prepared to lead in cutting-edge biotechnologies.
Enhancing Intellectual Property (IP) and R&D: The policy emphasizes patent protection and technology commercialization, offering financial incentives for IP filings, patents, and the acquisition of high-impact biotechnologies.

Strategic Focus Areas: Driving Maharashtra’s Biotech Growth

Establishing Biotechnology Parks and Incubation Centers

Maharashtra will develop 20+ biotechnology parks and incubators across the state, providing state-of-the-art facilities for biotech research, innovation, and commercialization. These parks will serve as hubs for biopharmaceutical manufacturing, agro-biotechnology, bioenergy solutions, and biotech start-ups, offering access to shared infrastructure, testing labs, and R&D resources.

Promoting Research in Emerging Biotechnologies

The state will encourage R&D in emerging biotechnology sectors such as synthetic biology, genomics, gene editing, CRISPR technologies, bioinformatics, and personalized medicine. Maharashtra will establish centers of excellence in these areas, supporting academic research and industry collaborations that push the boundaries of innovation.

Supporting Sustainable and Inclusive Biotechnology Development

Maharashtra is committed to using biotechnology to solve pressing challenges in agriculture, environmental sustainability, and healthcare. The policy will support agro-biotech projects that enhance food security, promote sustainable farming practices, and develop drought-resistant crops. Additionally, the state will encourage bioenergy projects that leverage renewable resources to reduce carbon footprints and promote clean energy.

Building Industry-Academia Linkages for Knowledge Transfer

Maharashtra will actively promote partnerships between universities, research institutions, and industries to facilitate knowledge transfer, drive technology commercialization, and develop biotechnology solutions that address global needs. These collaborations will be supported through R&D grants, technology transfer programs, and joint ventures with international biotech leaders.

Encouraging Skill Development and Employment Creation

To ensure inclusive growth, the policy will focus on training 1 lakh biotechnology professionals through short-term courses, vocational programs, and biotech skill schools. Special emphasis will be placed on women, rural communities, and underrepresented groups, ensuring that Maharashtra’s biotechnology sector is both diverse and inclusive.

Incentives for Biotechnology Investments

The Maharashtra Biotechnology Policy 2024 provides a comprehensive set of incentives to attract investments and foster growth in the biotechnology sector:

Incentive Type	Details
Capital Investment Subsidy	Up to ₹250 crores in capital subsidies based on fixed capital investment, including 25% soft loan assistance for biotech projects.
Land Allotment at Concessional Rates	50% concessional rates on land allocation for biotech projects, especially those creating direct employment for 200+ Maharashtra domiciled workers.
Employment Subsidies	₹15,000 per female employee and ₹12,500 per male employee per month for biotechnology-based technical work for 5 years.
IPR and Patent Filing Assistance	₹5 lakhs per foreign patent and ₹2 lakhs per domestic patent filed for biotechnological products.
Research and Technology Acquisition Grants	50% reimbursement of the amount spent on technology acquisition from recognized institutions, up to ₹1 crore.
Skill Development Grants	50% reimbursement for setting up biotechnology training programs and skill development schools, ensuring a continuous pipeline of industry-ready professionals.
Promotional Assistance for Global Reach	Reimbursement of costs incurred for participation in national and international trade fairs, covering stall rent, product literature, and marketing materials, up to ₹50,000 per event.

Ease of Doing Business: Streamlined Approvals and Regulatory Support

Maharashtra is committed to ensuring ease of doing business for biotechnology investors and researchers. The policy includes a Single Window Clearance System with online submission and tracking of applications for project approvals. The state will also offer self-certification under labor laws, allowing biotech companies to operate efficiently while adhering to safety and compliance regulations.

Conclusion: Maharashtra Leading India’s Biotechnology Revolution by 2030

The Maharashtra Biotechnology Policy 2024 is a forward-thinking initiative designed to position Maharashtra as a global leader in biotechnology innovation, research, and industrial production. By fostering collaboration, attracting investments, and building a skilled workforce, Maharashtra will lead India’s journey toward biotech self-reliance and contribute to global advancements in healthcare, agriculture, clean energy, and environmental sustainability.

Make in Maharashtra invites global biotech innovators, investors, and researchers to join this transformative journey and help build a self-reliant, technologically advanced India.

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About Make in Maharashtra

The Make in Maharashtra is a Public Benefit Corporation (PBC) with a mission to establish Maharashtra as a key player in international economic collaboration, focusing on strategic partnerships with nations like USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE across vital sectors such as energy, technology, agriculture, and finance. Our goal is to integrate lessons from successful global economic models, adopting best practices to ensure sustainable and inclusive growth. We aim to enhance economic prosperity and diversification, contribute to societal progress, and promote sustainable economic practices. By leveraging Maharashtra’s unique position, Make in Maharashtra strives to drive substantial economic growth, spur innovation, and solidify Maharashtra’s stature in the international economic arena, resonating with the government’s vision of a technologically advanced and interconnected economy.