Investor Presentaiton
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Gujarat Textiles Policy 2012
Interest subsidy
सत्यमेव जयते
GOVERNMENT OF GUJARAT
• 7% on new plant & machinery for spinning & garment/made-up units, 6% for technical textiles, and 5% for others
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Tax reimbursement
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2.5% reimbursement of the aggregate of SGST amount paid through cash ledger against output liability of SGST on sale of
eligible products/intermediates
Power Tariff subsidy
• Rs. 1 per unit for cotton, spinning and weaving units
Technology acquisition & up-gradation
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Financial assistance of up to 50%; maximum of $ 38,460 per process/product
Assistance to Apparel Training Institutions and Trainees
• Assistance up to 85% of project cost for setting of Training Institutions up to max $ 461,538
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Assistance to Training Centers up to 50% of investment up to $ 30,769 per center
• Assistance of 50% of total fees up to $ 107 per trainee for training of minimum 15 days
Support to Industries / Industries Association for Textile & Apparel Park
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Up to 50% (max $ 1.5 million, $ 4.6 million for spinning park) for establishing common infra
Energy & Water conservation
• 50% cost of energy/water audit Environmental Compliance by a recognized institution up to $ 769
20% of cost of equipment subject to maximum $ 30,769 in each case separately
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Government of Gujarat Resolution No. GST-102017-2218-Ch dated 07/07/2018 (Industries & Mines Department)
1 USD = 65 INR
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