Gujarat Textile Policy: Interest Subsidy (Fiscal Incentives to Labour Intensive Unit)
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 t...
**Category of Taluka****Activity 1****Activity 2**Category 1 & PM MITRA Park7% on Term Loan for 8 years; Maximum 3% of eFCI per annum 7% on Term Loan for 8 years; Maximum 3% of eFCI per annum Category 27% on Term Loan for 8 years; Maximum 3% of eFCI per annum 7% on Term Loan for 8 years; Maximum 3% of eFCI per annum Category 37% on Term Loan for 8 years; Maximum 3% of eFCI per annum 7% on Term Loan for 8 years; Maximum 3% of eFCI per annum
Eligibility (who can apply)
The industrial unit must be recognized as a Labour Intensive Unit.
Industrial units must have taken a sanctioned term loan for Gross Fixed Capital Investment.
The loan disbursement date must be on or after 01/01/2024 for units under implementation as of 01/10/2024.
The unit must apply within one year from the Date of Commercial Production (DoCP).
The unit must be in regular repayment of installments and interest.
The unit must bear at least 2% interest on the term loan.
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).
How to Apply
**Offline**
> **Application for Registration:**
**Step 1:** The application has to be made to the Industries Commissioner in the [prescribed format](https://ic.gujarat.gov.in/documents/commondoc/2025/GTP%202024%20Registration%20Form.pdf) along with the following documents within one year from loan disbursement, production start, or policy operative date (whichever is later).
**Step 2:** On receipt of the application and after the scrutiny and verification of relevant documents as per the procedure prescribed, registration certificate will be issued by the Industrial Commissioner.
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> **Application for Provisional/Final Eligibility Certificate:**
**Application for Industrial Unit:**
- **MSME Units having GFCI up to INR 10 Crore:** After DoCP, the Industrial Unit shall submit an application to the General Manager, District Industries Center. - **MSME Units having GFCI above INR 10 Crore and up to 50 Crore:** After DoCP, the Industrial Unit shall submit an application to MSME Commissioner for Provisional Eligibility Certificate within 1 year from DoCP or within one year from the date of issuance of this GR, whichever is later. - **Other than MSME Units:** After DoCP, the Industrial Unit, having registration shall submit an application for Provisional Eligibility Certificate to the Industries Commissioner within 1 year from DoCP or within 1 year from the date of issuance of the registration certificate, whichever is later.
Frequently Asked Questions
Who is eligible for Gujarat Textile Policy: Interest Subsidy (Fiscal Incentives to Labour Intensive Unit) / what is the eligibility?
1. The industrial unit must be recognized as a Labour Intensive Unit.
1. Industrial units must have taken a sanctioned term loan for Gross Fixed Capital Investment.
1. The loan disbursement date must be on or after 01/01/2024 for units under implementation as of 01/10/2024.
1. The...
What are the benefits of Gujarat Textile Policy: Interest Subsidy (Fiscal Incentives to Labour Intensive Unit)?
**Financial Assistance:**
**Category of Taluka****Activity 1****Activity 2**Category 1 &amp;amp;amp; PM MITRA Park7% on Term Loan for 8 years; Maximum 3% of eFCI per annum 7% on Term Loan for 8 years; Maximum 3% of eFCI per annum Category 27% on Term Loan for 8 years; Maximum 3% of eFC...
How to apply online for Gujarat Textile Policy: Interest Subsidy (Fiscal Incentives to Labour Intensive Unit)?
**Offline**
> **Application for Registration:**
**Step 1:** The application has to be made to the Industries Commissioner in the [prescribed format](https://ic.gujarat.gov.in/documents/commondoc/2025/GTP%202024%20Registration%20Form.pdf) along with the following documents within one ye...