Industrial Subsidies
Industrial subsidies play a significant role in supporting and incentivizing industrial growth, innovation, and competitiveness. We offer comprehensive Industrial Subsidies Advisory services designed to assist businesses, corporations, and industrial entities in identifying, evaluating, and maximizing opportunities for industrial subsidies and incentives.
Our Industrial Subsidies Advisory Services encompass a wide range of critical areas, including: Subsidy Identification and Assessment We identify available industrial subsidies, grants, incentives, tax credits, and financial assistance programs at the regional, national levels. Our team assesses eligibility criteria, application requirements, funding opportunities, subsidy amounts, and compliance obligations associated with industrial subsidies.
Subsidy Application and Compliance We assist clients in preparing and submitting subsidy applications, grant proposals, incentive claims, and funding requests in accordance with regulatory guidelines and program requirements. Our experts provide guidance on subsidy compliance, reporting obligations, fund utilization requirements, monitoring and evaluation processes, and subsidy audit preparations.
Our Government Subsidy Schemes Advisory Services encompass a wide range of critical areas, including
Gujarat State Government Schemes
The Gujarat State Government offers a range of subsidy schemes aimed at promoting industrial development, supporting entrepreneurship, enhancing infrastructure, and fostering economic growth across various sectors. At Mistry & Shah, we provide comprehensive advisory services to assist businesses, industries, entrepreneurs, and investors in understanding, accessing, and optimizing Gujarat State Government Subsidy Schemes.
- Gujarat Industrial Policy 2020
- Atmanirbhar Gujarat Scheme
- Gujarat I.T. Policy
- Gujarat Textiles Policy
- Gujarat Industrial Policy 2020:
This policy aims to enhance industrial growth by providing various incentives such as capital investment subsidies, interest subsidies, and support for infrastructure development. It encourages new units and expansions, promoting innovation and sustainability across sectors. - Atmanirbhar Gujarat Scheme for MSMEs:
This scheme focuses on empowering Micro, Small, and Medium Enterprises (MSMEs) by offering financial assistance, including subsidies on machinery and equipment, access to credit at lower interest rates, and support for marketing initiatives to boost local businesses. - Gujarat I.T. Policy:
Aimed at fostering the IT sector, this policy provides incentives like financial assistance for infrastructure development, subsidies on technology upgrades, and benefits for startups in the IT industry to create a robust ecosystem for innovation. - Gujarat Textiles Policy:
This policy promotes the textile industry through various incentives, including capital investment subsidies, financial assistance for technology upgrades, and support for skill development initiatives, aiming to strengthen Gujarat’s position as a textile hub.
Central Government Schemes
The Central Government of India offers a multitude of subsidy schemes across various sectors to promote economic development, facilitate investment, boost entrepreneurship, and enhance social welfare.We provide comprehensive advisory services to assist businesses, industries, entrepreneurs, and individuals in understanding, accessing, and optimizing Central Government Subsidy Schemes.
- Subsidy by Ministry of Food Processing Industry (MoFPI)
- Subsidy by Agricultural & Processed Food Products Export Development Authority (APEDA)
- Subsidy by National Bank for Agricultural & Rural Development (NABARD)
- Subsidy by National Livestock Mission (NLM)
- Subsidy by National Horticulture Board (NHB)
- Subsidy by National Horticulture Mission (NHM)
- Subsidy by Ministry of Textiles
- Subsidy relating to Interest Subvention
Production Link Incentive Schemes (PLI) for different Segments like (i) Mobile Manufacturing and Specified Electronic Components, (ii) Critical Key Starting Materials/Drug Intermediaries & Active Pharmaceutical Ingredients, (iii) Manufacturing of Medical Devices (iv) Automobiles and Auto Components, (v) Pharmaceuticals Drugs, (vi) Specialty Steel, (vii) Telecom & Networking Products, (viii) Electronic/Technology Products, (ix) White Goods (ACs and LEDs), (x) Food Products, (xi) Textile Products: MMF segment and technical textiles, (xii) High efficiency solar PV modules, (xiii) Advanced Chemistry Cell (ACC) Battery, and (xiv) Drones and Drone Components.