Scheme Name: Tripura Industrial Investment Promotion Incentive Scheme- 2017 (TIIPIS)

State: Tripura

Description of the Scheme:

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance:

1. Capital investment subsidy at 30% on fixed capital investment subject to a ceiling of Rs.60 lakhs per enterprises. For thrust sector industries, 40% with ceiling of Rs.70 lakhs per enterprise.
2. 15% procurement preference to local? industrial enterprises subject to 20% value addition
3. Industrial Promotion Subsidy subject to an overall ceiling of Rs.60 lakhs per annum.
4. 25% Reimbursement of Power Charges for 5 years, maximum Rs.12 lakhs per year.
5. 4% Reimbursement of Interest on Working Capital Loans for 5 years, maximum Rs.3 lakhs per annum.
6. Reimbursement of Standard Certification charges/ fees/ expenses to eligible enterprises shall be paid one-time in full for standard certifications in 10 selected areas issued by National and Inter-national Bodies.
7. 100% Exemption from the payment of Earnest Money and Security Deposits.
8. Employment Cost Subsidy under thrust sector towards EPF and ESI contribution for 5 years on employment of 20 or more persons.
9. Subsidy on fees paid for Credit Guarantee of loans.
10. Export Promotion Subsidy at 10% on value of export, maximum Rs. 20 lakhs per annum.
11. Subsidy for participation in fares and exhibitions thrust sector industries.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply:

GM District Industries Centres

Whom to Contact:

GM District Industries Centres