What you get
- Reimbursement for Energy/Water Audit: 75% of the cost of an energy or water audit conducted by a recognized institution/consultant, up to a maximum of ₹50,000/-, will be reimbursed once during the policy period. - Equipment Cost Assistance: 25% of the cost of equipment recommended by the auditing authority, up to a maximum of ₹20,00,000/-, will be provided as one-time assistance.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the "Gujarat Textile Policy"?
The "Gujarat Textile Policy" is a government initiative aimed at strengthening the textile sector by promoting investment, sustainability, employment generation, and value chain integration.
What is the operative period of the "Gujarat Textile Policy"?
The operative period of the Gujarat Textile Policy 2024 is from October 1, 2024, to September 30, 2029, covering a span of five years.
How does the policy contribute to employment generation?
The policy focuses on creating a robust textile ecosystem by attracting investments, encouraging MSMEs, supporting women entrepreneurs, and expanding production capacities, thereby generating employment opportunities.
What incentives are provided under the policy?
The policy offers financial assistance, infrastructure support, and subsidies to strengthen textile manufacturing, encourage investment, and support MSMEs, startups, and large enterprises.
What is the objective of the "Assistance for Saving in Consumption of Energy and Water" component?
The "Assistance for Saving in Consumption of Energy and Water" component provides financial assistance to existing and new industrial units that take steps to reduce energy and water consumption.
Who is eligible for assistance under this component?
Any existing or new industrial unit that takes steps to save energy and water consumption is eligible for assistance.
What percentage of the energy/water audit cost can be reimbursed?
An industrial unit can receive reimbursement for 75% of the energy or water audit cost, up to a maximum of [?]50,000/-, once during the policy period.
What is the maximum financial assistance available for purchasing recommended equipment?
An industrial unit can receive up to 25% of the cost of the recommended equipment, with a maximum limit of [?]20,00,000/- as one-time assistance.
What is the minimum reduction required in energy or water consumption to qualify for equipment cost assistance?
To qualify, an industrial unit must achieve a minimum 10% reduction in average monthly energy or water consumption over the past 12 months before the audit.
What happens if the energy or water consumption increases after implementing efficiency measures?
If consumption increases due to higher production, the claim will be reviewed separately by a committee constituted by SLAC.