Gujarat Textile Policy: Capital Subsidy (Fiscal Incentives to Labour Intensive Unit)
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: Capital Subsidy (Fiscal Incentives to Labour Intensive Unit) in Gujarat
Gujarat Textile Policy: Capital Subsidy (Fiscal Incentives to Labour Intensive Unit) is a government scheme available to eligible residents of Gujarat.
Apply for Gujarat Textile Policy: Capital Subsidy (Fiscal Incentives to Labour Intensive Unit) 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 industrial unit must be recognized as a Labour Intensive Unit.
The industrial unit must have availed a Term Loan for the project.
The unit must commence commercial production before applying for subsidy disbursement.
The unit must apply within one year from the Date of Commercial Production (DoCP).
The total subsidy received (State + Central) should not exceed the total term loan amount disbursed.
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> **Eligible Activities:**
**Activity 1:**
- Garments, Apparel & Made-ups, Technical Textiles Activity (including Composite Unit)
**Activity 2:**
- Weaving (with or without preparatory), Knitting, Dyeing & Processing, Texturising, Twisting, Embroidery and MMF Spinning to manufacture yarn from Polyester Staple Fiber (PSF) / Viscose Staple Fiber (VSF) (excluding Spinning activity of Cotton and Synthetic Filament Yarn).
> **Labour Intensive Unit:**
Labour Intensive Unit means a new industrial unit that provides minimum employment to 4000 (four thousand) persons duly registered under EPF scheme, out of which minimum female employee should be at least 1000 (one thousand). The existing unit that carrying out expansion/diversification of activities , during the operative period of the scheme and provides totally new employment to minimum 4000 (four thousand) persons duly registered under EPF scheme, out of which minimum female employee should be at least 1000 (one thousand).
Benefits
Financial Assistance:
Note:
Eligible Fixed Capital Investment: Eligible Fixed Capital Investment (eFCI) means the following components of investment made during the Eligible Investment Period.
If Industrial Unit is availing Capital Subsidy under any scheme of Central Government, then total quantum of Capital Subsidy from State and Central Government, in any case shall not exceed the total term loan amount disbursed.
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 attachments. |
| 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: Capital Subsidy (Fiscal Incentives to Labour Intensive Unit) in Gujarat?
Eligible residents of Gujarat who meet the scheme’s overall criteria can apply for Gujarat Textile Policy: Capital Subsidy (Fiscal Incentives to Labour Intensive Unit). Refer to the eligibility section above for the complete checklist.
What documents are required for Gujarat Textile Policy: Capital Subsidy (Fiscal Incentives to Labour Intensive Unit) 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: Capital Subsidy (Fiscal Incentives to Labour Intensive Unit)?
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.