Investment Promotion Scheme (IPS) for Thrust Sectors: Assistance For Furniture Sector
“Assistance For Furniture Sector” under the “Investment Promotion Scheme (IPS)” for Thrust Sectors, implemented by the Dept. of Industries, U.T. Administration Of DNH & DD, aims to...
**Capital Investment Subsidy:** 20% limited to a maximum reimbursement of ₹50,00,000/-. - **Credit Linked Interest Subsidy:** 60% per annum limited to maximum of ₹50,00,000/- per annum for 5 years OR, for the period of repayment of loan whichever is earlier. - **Space Rent Subsidy:** 50% up to a maximum of ₹5,00,000/- on actual rent paid by Furniture Industry for participation in industrial exhibitions in foreign countries. - **Reimbursement on Course Fee:** 50% of the course fee limited to ₹75,000/- per person for training in manufacture of modern furniture in reputed institutions will be reimbursed for a maximum of 5 persons per industry course. - **Power Rate Incentive:** ₹1/- per unit as reimbursement for a period of one year subject to a maximum of ₹50,00,000/- Lakhs from date of commencement of production.
> **Reimbursement on the cost of establishment of Showroom:**
**Owned Showroom:** 20% limited to maximum of ₹50,00,000/-. - **Rented Showroom:** 25% of actual rent for 3 years for a showroom with a minimum size of 2000 square feet.
पात्रता (कौन ले सकता है)
Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.
The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027.
Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
Enterprise shall have to apply at online portal within one year from the date of eligibility.
आवेदन कैसे करें
**Online**
> **Registration Process****:**
**Step 1:** Visit the [Registration ](https://swp.dddgov.in/registration)page of the Official Website.
**Step 2:** Provide the information in the respective input spaces and click on “Register”.
**Step 3:** Verify your email address using the verification link sent on your email (If Mail is Not Received Your Inbox.
Please Check the Spam).
**Step 4:** Click the Link/URL in the received email or Paste Link/URL in browser's address bar to complete your Account Verification.
**Step 5:** Now enter “111111” as OTP to verify your mobile number.