We serve consulting services of below mentioned subsidy scheme
Manufacturing Unit (MSME Unit) – under Policy 2020
Under Gujarat Government Policy 2020, the following subsidy is given to the new as well as existing MSME units on term loan, which term loan is taken for the purchase of a new Plant & Machinery and construction of a factory building or shed.
Subsidy details as bellows for Manufacturing Industry
Taluka Category | Capital Subsidy | Interest Subsidy |
Category 1 |
@25 % of eligible Term Loan Amount subject to a maximum amount of Rs. 35 lakhs; If the Eligible FCI is over 10 Crores, additional INR 10 lakhs will be given |
@7% of term loan amount disbursed with the maximum amount of Rs. 35 lakhs per annum for 7 years |
Category 2 |
@20 % of eligible Term Loan Amount subject to a maximum amount of Rs. 30 lakhs; If the Eligible FCI is over 10 Crores, additional INR 7.5 lakhs will be given |
@6% of term loan amount disbursed with the maximum amount of Rs. 30 lakhs per annum for 6 years |
Category 3 (including Municipal Corporation areas) |
@10 % of eligible Term Loan Amount subject to a maximum amount of Rs.10 lakhs; If the Eligible FCI is over 10 Crores, additional INR 5 lakhs will be given |
@5% of term loan amount disbursed with the maximum amount of Rs. 25 lakhs per annum for 5 years |
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Service Sector MSMEs– under Policy 2020
Gujarat Government is decided to extend incentives to Service sector covered in MSME. In view of the potentiality of service sector, it has been decided to widen the scope of service sector. Besides the 22 service categories already defined in the Gujarat Industrial Policy 2015, and also following champion services are identified to cover them under eligible service sector for incentives:
- Financial services
- Health services
- Transport and logistics services
- Audio Visual services
- Construction related engineering services
- Environmental services
Subsidy details as bellows for Service Sector Industry
Taluka Category | Interest Subsidy |
Category 1 | @7% of term loan amount disbursed with the maximum amount of Rs. 35 lakhs per annum for 7 years |
Category 2 | @6% of term loan amount disbursed with the maximum amount of Rs. 30 lakhs per annum for 6 years |
Category 3 (including Municipal Corporation areas) | @5% of term loan amount disbursed with the maximum amount of Rs. 25 lakhs per annum for 5 years |
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Subsidy details as bellows for Service Sector Industry
The scheme is to extend support to MSME to get quality certification to introduce quality product in competitive market.
Quality Certification
With a vision to encourage domestic products to be globally competitive, the Subsidy policy will support to obtain ISI/WHO-GMP/Hallmark certifications & other national/International certification from Quality Council of India. 50% of fee payable to Recognized National/International Certification (i.e. ISI/WHO-GMP/Hallmark certifications, etc.) and 50% cost of testing equipment and machinery required for that certification, totaling up to maximum amount of Rs. 10 lakhs.
ERP Assistance
65% of the capital cost for installing the Enterprise Resource Planning (ERP) system subject to a maximum amount of Rs.1,00,000/-
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