OBJECTIVES:

  • To create an enabling business environment facilitated by a single window system
  • To enable industries to set high quality standards and enhance exports
  • To have a focused approach for industrially underdeveloped areas & facilitate inclusive & balanced regional growth
  • To promote industries focusing to adopt sustainable, cleaner manufacturing and innovative Industry 4.0 practices
  • To strengthen MSMEs and facilitate cluster development
  • To strengthen complete value chain across product segment with focus on the objective of an “Atmanirbhar Bharat”
  • To encourage R&D, innovation and entrepreneurship
  • To provide increased impetus to certain Thrust Sectors with significant potential for employment, exports, investments etc.
  • To facilitate growth of Service sector industries in the state
  • To facilitate state of the art, sustainable Industrial Infrastructure
  • To increase productive employment opportunities in the state
1 Category 1 Talukas : 25% 35 Lac. If Project More Than 10 Cr., Additional 10 Lac Will Be Given (35 Lac + 10 Lac = 45 Lac)
2 Category 2 Talukas : 20% 30 Lac. If Project More Than 10 Cr., Additional 7.50 Lac Will Be Given (30 Lac + 7.50 Lac = 37.50 Lac)
3 Category 3 Talukas : 10% 10 Lac. If Project More Than 10 Cr., Additional 5 Lac Will Be Given (10 Lac + 5 Lac = 15 Lac)
1 Category 1 Talukas : 7% 35 Lac Per Year 7 Year
2 Category 2 Talukas : 6% 30 Lac Per Year 6 Year
3 Category 3 Talukas : 5% 25 Lac Per Year 5 Year
NOTE:
  • Classification Of Category Wise Talukas Based On Investment Will Be Decided Later On.
  • 1% Additional Interest Subsidy To Differently Able Entrepreneur, Women Entrepreneur And Registered Startup In Manufacturing Sector
  • 1% Additional Interest Subsidy To Young Entrepreneur Below Age Of 35 Years On The Date Of Sanction Of Term Loan.
  • Enterprise Shall Have To Bear Minimum 2% Interest Levied On Term Loan By Bank/Financial Institution. 
 
Special focus on promotion of Service Sector MSMEs
  • Besides the 22 service categories already defined in the Gujarat Industrial Policy 2015, following champion services are identified to cover them under eligible service sector for incentives:
          1. Financial services
          2. Health services
          3. Transport and logistics services
          4. Audio Visual services
          5. Construction related engineering services
          6. Environmental services
1. Category 1 Talukas : 7% 35 Lac Per Year 7 Year
2. Category 2 Talukas : 6% 30 Lac Per Year 6 Year
3. Category 3 Talukas : 5% 25 Lac Per Year 5 Year
  • NOTE:
  • Additional 1% subsidy will be given to SC/ST entrepreneurs
  • The interest subsidy will be so given that in any case, the unit will have to bear minimum 2% of total interest levied on term loan.