Industrial Policy Highlight - Textile slide image

Industrial Policy Highlight - Textile

Industrial Policy Highlight - Garment Key Incentives for Garment (apparel) Sector • Investment Promotion Assistance upto 40% of investment in P&M Incentive on Employment generation: Upto 1.5 times Benefits to Export oriented units Upto 1.2 times Interest Subsidy of 5% for 7 years on term loans Concessional Power tariff - INR 5/ unit for 5 yrs Electricity duty exemption 50% discounts on Land Development fee Employment Generation Assistance of INR 5,000/ employee/ month Reimbursement of Skilling & training fee - INR 13000/ new employee Reimbursement on Stamp Duty & Registration fee Maximum incentives up to 200% of investment in P&M Garment industries with investment of INR 25 crores or more are considered Mega Projects eligible for Customized Packages INVEST INDIA KAH MON ENGIN 05
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