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Policy for Establishment of Private Industrial Estates/Areas - 2023

The scheme aims to promote and facilitate the development of private industrial estates and areas in Uttarakhand by providing financial incentives, infrastructure support, and a streamlined regulatory framework.

Ministry / Department
Industry Department
Level
State
Benefit type
cash
Last verified: Recently

What is Policy for Establishment of Private Industrial Estates/Areas - 2023?

The scheme aims to promote and facilitate the development of private industrial estates and areas in Uttarakhand by providing financial incentives, infrastructure support, and a streamlined regulatory framework.

Benefit
- **Capital Subsidy on Infrastructure:** ₹10 lakh per acre. - **Subsidy for Setting Up CETP:** 40% of the cost, up to a maximum of ₹1 crore. - **Assistance for External Infrastructure Development:** 2% of the total fixed capital investment made by the private promoter on the fixed assets created for the industrial establishment, per park/area, will be payable.
Level
State — Uttarakhand
Ministry / Dept.
Industry Department
Benefit type
cash
Key eligibility
1. Any individual, founder, developer, partnership firm, LLP, company, or institution legally registered under the Companies Act, Societies Act, or Limited Liability Partnership Act, as well as entities operating in Joint Venture or Public-Private Partnership (PPP) mode, or as a Land Aggregator (wit
Last verified
Recently

Benefits

- **Capital Subsidy on Infrastructure:** ₹10 lakh per acre. - **Subsidy for Setting Up CETP:** 40% of the cost, up to a maximum of ₹1 crore. - **Assistance for External Infrastructure Development:** 2% of the total fixed capital investment made by the private promoter on the fixed assets created for the industrial establishment, per park/area, will be payable.

Eligibility

1. Any individual, founder, developer, partnership firm, LLP, company, or institution legally registered under the Companies Act, Societies Act, or Limited Liability Partnership Act, as well as entities operating in Joint Venture or Public-Private Partnership (PPP) mode, or as a Land Aggregator (witArea: UttarakhandBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      For the formation of a Private Industrial Estate, the eligible developer shall submit the application along with all mandatory documents through the CAF tab on the portal www.investuttarakhand.uk.gov.in . After receiving in-principle approval, the developer shall apply for the notification of formation of the industrial estate through the Departmental Services tab on the single-window portal, along with all required documents. Once the notification for the formation of the Private Industrial Estate/Park is issued, the developer may submit an online application for financial incentives under the policy through the Incentive tab on www.investuttarakhand.uk.gov.in . Capital Subsidy Assistance for Infrastructure will be disbursed in four phases, with each phase payable upon fulfillment of the prescribed conditions and completion of the specified work.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website