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The "Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries" aims to strengthen the overall industrial ecosystem in the State and also enable a larger set of manufacturing c...

Department: · Level: state · State: Gujarat

Benefits

> **Substantial Interest Reduction:** - **Interest Subsidy:** @7% on the term loan. - **Capped Amount:** A maximum of 1.2% of eligible fixed capital investment per annum for 10 years.

Eligibility

1. The mega industry must operate as a manufacturing unit. 1. The unit must have a minimum investment of INR 2,500 crore in plant and machinery. 1. The unit must provide direct employment to at least 2,500 persons. 1. The unit must belong to one of the thrust sectors as defined in the [Guidelines](https://cmogujarat.gov.in/sites/default/files/2023-01/AatmaNirbhar-Gujarat_Industrial-Policy_0.pdf) (Refer Page No. 9). 1. New industrial units or expansion projects are eligible. 1. Units must avail of term loans for fixed capital investment from recognized financial institutions. 1. The unit must bear at least 2% interest on term loans, even if availing of other subsidies. 1. Units must ensure regular repayment of loan installments.

How to Apply

**Online** > **Registration Process:** **Step-1:** Visit the [Investor Facilitation Portal (IFP)](https://ifp.gujarat.gov.in/DIGIGOV/) portal. Click on "New Investor Registration" to access the registration form. **Step-2:** Fill in the Registration Form. Click on "Submit". **Step-3:** Verify the E-mail ID using the link sent on your registered E-mail ID. **Step-4:** After verification, you will be registered successfully. > **Post-Registration Process:** **Step-1:** Visit the [Investor Facilitation Portal (IFP)](https://ifp.gujarat.gov.in/DIGIGOV/) portal. Click on "Login". **Step-2:** Enter the email address and password you used during registration. **Step-3:** Click the "Login" button to access your account. **Step-4:** Now fill in the required details and mandatory documents about your business to complete the application process. > Helpdesk: [Contact Us.](https://ifp.gujarat.gov.in/DIGIGOV/IFP-pages/contact.jsp?pagedisp=static)

Official website