Government Incentive & Subsidies

Investments in manufacturing sector is being made attractive by the Central Government through its flagship Production Linked Incentives (PLI) Schemes. Presently, a total of fourteen sectors such as Electronics & Technology, Telecom & Networking, White Goods, Pharmaceutical, Automobiles, Food Processing, Solar Equipment, etc. are covered under this Scheme. Apart from the PLI Scheme, the Government has announced Schemes incentivising production in special focus sectors such as electronic components and semiconductors. Incentives under these Schemes are being offered as a percentage of capital expenditure incurred or a percentage of incremental revenue.

Following the roadmap drawn by the Central Government, various States are offering fiscal/non-fiscal support to industries willing to invest in their State. Incentives under State Government Policies/Schemes are being offered as capital subsidy, interest subsidy, reimbursement of SGST, reimbursement/exemption from electricity duty, reimbursement of power tariff, etc.

Moreover, the Government is cognizant of the special support required by the Indian Startups and MSME players. Support is being extended by not only offering fiscal incentives or tax incentives, but also, facilitating funding through various means.

We offer end to end support right from:

  • evaluating business plan
  • mapping applicable Policy/Scheme
  • advising on technical matters
  • assisting in filing application
  • representation before the Government bodies and disbursement of approved subsidy/incentives