Maharashtra came into existence as a separate state on May 1, 1960. For the cause of industrial development GoM has instituted many catalytic organizations. The two main bodies are Directorate of Industries and Maharashtra Industries Development Corporation (MIDC).

Directorate of Industries is an executive arm of the Industries Department and is engaged in implementation of government policies for all round development of industries in the state by seeking coordination amongst the state level promotional corporations like MSME-DI, MIDC, MAIDC, MSSIDC, SICOM, MITCON etc and other departments of the government relating to industries.

The Directorate is supported by six Regional Offices and District Industries Centres (DIC) at every district. The powers to implement the schemes are completely decentralization and are vested with the DIC for effective delivery mechanism at district level.

It also assists in the formulation and implementation of various policies and promotional schemes viz. Industrial Policy, SEZ Policy, IT policy, BT Policy, Package Scheme of Incentives, etc...

MIDC was constituted on August 1, 1962. In the first year of establishment MIDC came up with 14 industrial areas, to initiate action for infrastructure and to help entrepreneurs set up the industrial units in those areas. MIDC has impacted the socio-economic scenario of the state as its activities spread in the interior.

The main objective is to achieve balanced industrial development in Maharashtra with an emphasis on developing and underdeveloped parts of the State by facilitating entrepreneurs in setting up industries at various locations.

These objectives are achieved through acquisition and disposal of land and provision of infrastructure and services like water supply, drainage, effluent disposal etc for the development of each and every district of Maharashtra.