Gujarat Textile Policy: Assistance for Technology Acquisition
in Gujarat
Last updated:
Key dates and updates (Gujarat)
Nationwide and Gujarat-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Gujarat Textile Policy: Assistance for Technology Acquisition in Gujarat
Gujarat Textile Policy: Assistance for Technology Acquisition is a government scheme available to eligible residents of Gujarat.
Apply for Gujarat Textile Policy: Assistance for Technology Acquisition in Gujarat
Scheme Overview
The "Gujarat Textile Policy" introduced by the Industries and Mines Department aims to create a vibrant Textile Sector ecosystem and generate enormous employment opportunities in the State.
Eligibility Criteria
The unit must be a new or existing industrial unit.
The technology must be acquired from a recognized institution.
The unit must obtain prior approval from the Industries Commissionerate within one year of signing the agreement.
Benefits
Financial Assistance: Covers 65% of the technology cost, with a cap of ₹50,00,000/-.
Royalty Payment: Supports royalty payments for the first 2 years.
Required Documents
| # | Document |
|---|---|
| 1 | Document of registration of the industrial undertaking, as applicable under law, and the Industrial Entrepreneur Memorandum, as prescribed by the Government of India. |
| 2 | Documents related to legal possession of land with valid non-agriculture permission for industrial use, and registered purchase / Lease / Rent deed. If the plot or shed is in GIDC estate, a copy of the possession letter should be attached. |
| 3 | Consent to Establish from GPCB, if applicable. |
| 4 | Detailed Project Report containing the following: |
| 5 | Term loan sanction letter from financial institution(s) |
| 6 | Board Resolution / Authority Letter / PoA |
| 7 | PAN Card of Enterprise and Authorized Person |
| 8 | GST Registration with all Annexures |
| 9 | First Sale Bill ( In case of Commercial Production is commenced) |
| 10 | Audit Report (Before initiation of Expansion) |
Common questions in Gujarat
Who can apply for Gujarat Textile Policy: Assistance for Technology Acquisition in Gujarat?
Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Gujarat Textile Policy: Assistance for Technology Acquisition. Refer to the eligibility section above for the complete checklist.
What documents are required for Gujarat Textile Policy: Assistance for Technology Acquisition in Gujarat?
Applicants in Gujarat typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Gujarat Textile Policy: Assistance for Technology Acquisition?
Key dates are summarized in the table on this page, from 1 October 2024 through 1 October 2024, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
The "Gujarat Textile Policy" is a government initiative aimed at strengthening the textile sector by promoting investment, sustainability, employment generation, and value chain integration.