Uttarakhand Mega Industrial and Investment Policy - 2021
The scheme aims to promote large-scale industrial development and investment in the state of Uttarakhand by creating a favourable business environment, encouraging capital investment, and generating employment opportunities.
- Ministry / Department
- Industry Department
- Level
- State
- Benefit type
- cash
What is Uttarakhand Mega Industrial and Investment Policy - 2021?
The scheme aims to promote large-scale industrial development and investment in the state of Uttarakhand by creating a favourable business environment, encouraging capital investment, and generating employment opportunities.
- Benefit
- ***Classification of Projects Based on Fixed Capital Investment:*** - **Large Projects** – ₹50 crore to ₹75 crore. - **Mega Projects** – Projects with a capital investment of more than ₹75 crore and up to ₹200 crore. - **Ultra Mega Projects** – Projects with a capital investment of more than ₹200 crore and up to ₹400 crore in plant and machinery. - **Super Ultra Mega Projects** – Projects with a capital investment of more than ₹400 crore in plant and machinery. ***Financial Incentives:*** Rebate/concession on prevailing land rates in SIIDCUL Industrial Areas (for manufacturing industries only): - **Large Projects** – 15% - **Mega Projects** – 25% - **Ultra Mega Projects** – 30% - **Super Ultra Mega Projects** – 30% **Interest Subsidy:** Reimbursement assistance on interest for term loans taken from banks for 5 years: - **Large Projects** – 7%, maximum ₹25 lakh per annum - **Mega Projects** – 7%, maximum ₹35 lakh per annum - **Ultra Mega Projects** – 7%, maximum ₹50 lakh per annum - **Super Ultra Mega Projects** – 7%, maximum ₹75 lakh per annum **SGST Reimbursement (for manufacturing enterprises only):** Reimbursement of net SGST for 5 years after adjustment of Input Tax Credit (ITC) on B2C sale of self-manufactured goods/items: - **Large Projects** – 30% - **Mega Projects / Ultra Mega Projects / Super Ultra Mega Projects** – 50% **Electricity Bill Reimbursement Assistance (for manufacturing enterprises only):** To support production, electricity reimbursement assistance will
- Level
- State — Uttarakhand
- Ministry / Dept.
- Industry Department
- Benefit type
- cash
- Key eligibility
- 1. Any person who wishes to invest in Uttarakhand under the "Mega Industry and Investment Policy" is eligible.
- Last verified
- Recently
Benefits
***Classification of Projects Based on Fixed Capital Investment:*** - **Large Projects** – ₹50 crore to ₹75 crore. - **Mega Projects** – Projects with a capital investment of more than ₹75 crore and up to ₹200 crore. - **Ultra Mega Projects** – Projects with a capital investment of more than ₹200 crore and up to ₹400 crore in plant and machinery. - **Super Ultra Mega Projects** – Projects with a capital investment of more than ₹400 crore in plant and machinery. ***Financial Incentives:*** Rebate/concession on prevailing land rates in SIIDCUL Industrial Areas (for manufacturing industries only): - **Large Projects** – 15% - **Mega Projects** – 25% - **Ultra Mega Projects** – 30% - **Super Ultra Mega Projects** – 30% **Interest Subsidy:** Reimbursement assistance on interest for term loans taken from banks for 5 years: - **Large Projects** – 7%, maximum ₹25 lakh per annum - **Mega Projects** – 7%, maximum ₹35 lakh per annum - **Ultra Mega Projects** – 7%, maximum ₹50 lakh per annum - **Super Ultra Mega Projects** – 7%, maximum ₹75 lakh per annum **SGST Reimbursement (for manufacturing enterprises only):** Reimbursement of net SGST for 5 years after adjustment of Input Tax Credit (ITC) on B2C sale of self-manufactured goods/items: - **Large Projects** – 30% - **Mega Projects / Ultra Mega Projects / Super Ultra Mega Projects** – 50% **Electricity Bill Reimbursement Assistance (for manufacturing enterprises only):** To support production, electricity reimbursement assistance will
Eligibility
Documents Required
How to Apply
Step 1: Online application — step 1
To avail of the financial incentives provided under the policy, investors can apply online through the portal developed under the single-window system at https://investuttarakhand.uk.gov.in/ . Details of the entire registration process and the documents required are also available on the official website .
Sources & References
- Official scheme website ↗
- Source record ↗
- Information is summarised from official government sources. Verify all details on the official website before applying.
Ready to apply?
Applications are accepted only on the official government portal.
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