We serve consulting services of below mentioned subsidy scheme

 Manufacturing Unit (MSME Unit) – under Policy 2021

Under Gujarat Government Policy 2021, the following subsidy is given to the new as well as existing MSME unit on term loan, which term loan is taken for purchase of new Plant & Machinery and construction of factory Building or shed.

Subsidy for Manufacturing unit in Mehesana, Ahmedabad, Vadodadara, Kalol, Vapi, Gandhinagar

 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
  • 1% additional interest subsidy will be given to SC/ST Entrepreneur/ physically challenged entrepreneur/ Women entrepreneur/ Start Up in manufacturing sector.
  • 1% additional interest subsidy will be given to young entrepreneur below the age of 35 years on the date of sanction of Term loan.
  • Maximum interest subsidy to be capped at 9% for all the categories.
  • 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.
  • For Existing units, who switch to Solar Power, Interest Subsidy will be provided on term loan as per rates specified above.

 Service Sector MSMEs– under Policy 2021

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
Service Sector - for Pharmaceutical unit, Subsidy for Engineering Unit

 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
  • Additional 1% interest subsidy to registered start up in service sector.
  • The Enterprise Must have GST Registration.
  • 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.

 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.

quality and Standards Certificate, Quality Certification Subsidy
ERP, Subsidy for Pharmaceutical unit

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/-

Disclaimer: All the efforts have been made to avoid errors or omission. In spite of this, errors may creep in. Information contained above is tried to be latest compilation and up to date, still no guarantee is given that the information provided is correct and complete. No one is responsible for and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance of any information contained above. It is further suggested that to avoid any doubt reader should cross – check all the facts, law and contents with the original government publication, guidelines or notification issued time to time.