The “Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries” is an umbrella scheme launched by the Industries and Mines Department, Gujarat. Effective from October 5, 2022, to October 4, 2032, this initiative supports growth and investments in the dynamic mega-industry sector.

Benefits

• Interest Subsidy: @7% on the term loan.
• Capped Amount: A maximum of 1.2% of eligible fixed capital investment per annum for 10 years.

Eligibility

• Manufacturing unit with minimum investment of INR 2,500 crore in plant and machinery.
• Direct employment to at least 2,500 persons.
• Belong to thrust sectors.
• Must avail term loans from recognized financial institutions and bear at least 2% interest.

Application Process

Link- https://ifp.gujarat.gov.in/DIGIGOV/

Online

• Step 1: Register on the Investor Facilitation Portal (IFP).
• Step 2: Verify email and log in.
• Step 3: Fill in details and upload mandatory documents.

Documents Required

• Bank Certificate and Term Loan Account statement.
• IEM Part – B /IL /LOP.
• Valid CCA obtained from GPCB.
• Employment Statement and Attendance Register.
• Valid Insurance Policy for Fixed Assets.
• Copy of Pan Card and Cancelled Cheque.