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Business & Entrepreneurship

Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries: Assistance of Interest Subsidy

The "Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries" aims to strengthen the overall industrial ecosystem in the State and also enable a larger set of manufacturing companies to emulate the adoption of clean energy and make them future-ready to compete in global markets.

Authority

State/ UT

Region

Gujarat

Status

Verified 2026

Updated

March 2026

What you get

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

Who can apply

The mega industry must operate as a manufacturing unit.; The unit must have a minimum investment of INR 2,500 crore in plant and machinery.; The unit must provide direct employment to at least 2,500 persons.; The unit must belong to one of the thrust sectors as defined in the [Guidelines](https://cmogujarat.gov.in/sites/default/files/2023-01/AatmaNirbhar-Gujarat_Industrial-Policy_0.pdf) (Refer Page No. 9). 1. New industrial units or expansion projects are eligible.; Units must avail of term loans for fixed capital investment from recognized financial institutions.; The unit must bear at least 2% interest on term loans, even if availing of other subsidies.; Units must ensure regular repayment of loan installments.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the "Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries"?

The "Aatmanirbhar Gujarat Scheme for Assistance to Mega Industries" is a state initiative designed to support and strengthen the Mega Industry sector in Gujarat. It aims to enhance growth, encourage investments, and contribute to the vision of self-reliant Gujarat and India.

When is the scheme operative?

The scheme is operative from October 5, 2022, to October 4, 2032, covering a period of 10 years.

What are the objectives of the scheme?

The scheme aims to boost Mega Industry growth, enhance the industrial ecosystem, encourage investments, and contribute to Gujarat's and India's self-reliance vision.

Who is eligible to benefit from the scheme?

Mega Industries established and operating within Gujarat are eligible to benefit from the scheme, as per the criteria defined in the policy framework.

What is the purpose of the "Assistance of Interest Subsidy" component?

The component aims to reduce the financial burden on industrial units by subsidizing a portion of the interest on term loans for fixed capital investments.

Who is eligible for this scheme?

New industrial units and expansion projects availing term loans for fixed capital investment are eligible.

What is the interest subsidy rate?

The interest subsidy is @7%, subject to a maximum of 1.2% of the eligible fixed capital investment per annum.

How long is the subsidy provided?

The subsidy is provided for up to 10 years.

What is the minimum investment required to qualify for the scheme?

The manufacturing unit must have an investment of at least INR 2,500 crore in plant and machinery.

How many jobs must a unit create to be eligible?

The unit must directly employ at least 2,500 persons to qualify for the subsidy.

What sectors are eligible under the scheme?

The unit must belong to one of the thrust sectors defined in the state's industrial policy.

Can units apply for the subsidy before commercial production starts?

No, the subsidy is disbursed only after the commencement of commercial production.