Growth Drivers for Gujarat's Chemical and Petrochemical Industry slide image

Growth Drivers for Gujarat's Chemical and Petrochemical Industry

Incentives offered under policies of Government of Gujarat • • • Assistance under Gujarat Industrial Policy, 2015 Financial assistance for industrial infrastructure Incentives for developing Industrial Parks Assistance to set up Logistics Parks Assistance to labor intensive industries Assistance for environment management Special Incentives for Mega/ Innovative Projects Assistance schemes for MSMEs ✓ Capital Investment Subsidy ✓ Interest Subsidy ✓ Venture Capital assistance सत्यमेव जयते GOVERNMENT OF GUJARAT ✓ Assistance for quality certification and patent registration ✓ Assistance for raising capital through SME Exchange ✓ Market Development Assistance Assistance under General Incentive Scheme, 2016 Tax reimbursement based on quantum of investment and location of the project* Assistance to Plastics Industry Interest Subsidy @ 7% per annum for interest payable on Term loans Tax reimbursement based on Fixed Capital Investment* *Govt. of Gujarat has announced that tax incentives will continue to be given under GST regime; quantum of assistance to be decided 9
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