Gujarat Textile Policy: Assistance for Technology Acquisition

Gujarat Textile Policy: Assistance for Technology Acquisition

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  • Gujarat Textile Policy: Assistance for Technology Acquisition

Encourages units to upgrade process technology from recognized institutions.

Benefits

  • 65% of technology cost (Max ₹50,00,000).
  • Support for 2 years of royalty payments.

Exclusions

Not applicable for the purchase of standard plant and machinery.

Application Process

Obtain prior approval from Industries Commissionerate within one year of signing the technology agreement.

Documents Required

  • Registration of undertaking
  • Technology transfer agreement
  • Project report and financial analysis

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