Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment
The scheme "Financial Assistance to Industrial Parks" under the Gujarat Industrial Policy aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters.
About the Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment Scheme
The scheme "Financial Assistance to Industrial Parks" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, it aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters.
The component "Assistance on Fixed Capital Investment", is designed to encourage the development of Industrial Parks by reimbursing a portion of eligible fixed capital investments.
Benefits
- Assistance in General Area: 25% of eligible fixed capital investment, up to a maximum of ₹30,00,00,000/-. - Assistance in Vanbandhu Talukas: 50% of eligible fixed capital investment, up to ₹30,00,00,000/-, for Industrial Parks. - Support for Residential Facilities: Up to 25% of the cost of constructing hostels or dormitories for domiciled workers, with a maximum limit of ₹20,00,00,000/-.
Eligibility Criteria
- Industries Association / any enterprise registered under the Societies Act, Partnership Act, Trust Act, Companies Act or SPV constituted for setting up of Industrial Park shall be eligible to develop Industrial Park under this scheme.
How to Apply for Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment
Application mode: Online
> Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form.
Step-2: Fill in the Registration Form. Click on "Submit".
Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step-4: After verification, you will be registered successfully.
<br>
> Post-Registration Process:
Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "Login".
Step-2: Enter the email address and password you used during registration.
Step-3: Click the "Login" button to access your account.
Step-4: Now fill in the required details and mandatory documents about your business to complete the application process.
<br>
> Helpdesk: Contact Here
Exclusions
The following expenditures are ineligible for assistance under the scheme:
- Expenditure on the purchase of land and land development.
- Payments related to goodwill fees, commissioning fees, and royalty.
- Costs associated with preliminary and pre-operative expenses.
- Interest capitalized during the project.
- Costs for transportation equipment or vehicles.
- Payments for technical fees or consultant fees.
- Any expenditure on working capital or items not explicitly mentioned as eligible investments.
- Any other expenditure classified as ineligible by the State Level Empowered Committee (SLEC).
Frequently Asked Questions
What is the Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment scheme?
The scheme &quot;Financial Assistance to Industrial Parks&quot; is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, it aims to boost industrial growth thr…
Who is eligible for Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment?
Industries Association / any enterprise registered under the Societies Act, Partnership Act, Trust Act, Companies Act or SPV constituted for setting up of Industrial Park shall be eligible to develop Industrial Park under this scheme.
What benefits does Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment provide?
Assistance in General Area: 25% of eligible fixed capital investment, up to a maximum of ₹30,00,00,000/-. - Assistance in Vanbandhu Talukas: 50% of eligible fixed capital investment, up to ₹30,00,00,000/-, for Industrial Parks. - Support for Residential Facilities: Up to 25% of the cost of construc…
How can I apply for Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment?
Registration Process: Step-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form. Step-2: Fill in the Registration Form. Click on "Submit". Step-3: Verify the E-mail ID using the link sent on your registered…
Source: official scheme details published on the Government of India's myScheme portal. Always verify eligibility and deadlines on the official portal before applying. Scheme rules can change.
Related Government Schemes
Consortia & Tender Marketing Scheme
The scheme aims to facilitate Micro and Small Enterprises (MSEs) in marketing their products and services through individual or collective participation in tenders via consortia. It helps MSEs secure bulk orders, improve competitiveness, and access government procurement opportunities.
Incentive Scheme for MSMEs in Powerloom Sector: State Capital Investment Subsidy
“State Capital Investment Subsidy” incentives under “Incentive Scheme for MSMEs in Powerloom Sector” scheme implemented by the Dept. of MSME & T, Government of West Bengal, aims to provide subsidy of the fixed capital investment made for its approved project.
Khadi Gramodyog Vikas Yojana: Khadi Vikas Yojana
The scheme aims to increase productivity and wages of Khadi artisans, improve production infrastructure, boost employment and sales, revive traditional rural skills, modernize sales outlets, and promote marketing and exports.
The West Bengal Incentive Scheme: Additional Incentive for Adventure Tour Operators
“Additional Incentive for Adventure Tour Operators” incentives under the “WBIS” scheme by the Dept. of Tourism, Government of West Bengal, aims to provide reimbursement incentives with SGST payments for purchasing tents, dinghies, adventure & sports equipment, and related accessories.
The West Bengal Incentive Scheme: Additional Incentive on Generation of Employment
“Additional Incentive on Generation of Employment” incentives under “The West Bengal Incentive Scheme” scheme by the Dept. of Tourism, Government of West Bengal, aims to provide reimbursement of expenditure incurred for paying contribution towards ESI and EPF.
The West Bengal Incentive Scheme: Capacity Utilisation
“Capacity Utilisation” incentives under the “The West Bengal Incentive Scheme” implemented by the Dept. of Tourism, Government of West Bengal, aims to provide additional Floor Area Ratio (FAR) over and above the maximum permissible FAR as may be fixed by the competent authority.