- Details
- Benefits
- Eligibility
- Exclusions
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
- Feedback
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Gujarat
Financial Assistance to Industrial Parks: Infrastructure Facilities
Entrepreneurship
Fixed Capital Investment
Industrial Parks
Details
The scheme "Financial Assistance to Industrial Parks" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, it aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters.
The component "Infrastructure Facilities", is designed to encourage the development of Industrial Parks by reimbursing a portion of eligible fixed capital investments.
Benefits
- Comprehensive Support: Development of critical infrastructure like roads, power, water, and communication for industrial operations.
- Support for Residential Facilities: Up to 25% of the cost of constructing hostels or dormitories for domiciled workers, with a maximum limit of ₹20,00,00,000/-.
Eligibility
- Industries Association / any enterprise registered under the Societies Act, Partnership Act, Trust Act, Companies Act or SPV constituted for setting up of Industrial Park shall be eligible to develop Industrial Park under this scheme.
Exclusions
The following expenditures are ineligible for assistance under the scheme:
- Expenditure on the purchase of land and land development.
- Payments related to goodwill fees, commissioning fees, and royalty.
- Costs associated with preliminary and pre-operative expenses.
- Interest capitalized during the project.
- Costs for transportation equipment or vehicles.
- Payments for technical fees or consultant fees.
- Any expenditure on working capital or items not explicitly mentioned as eligible investments.
- Any other expenditure classified as ineligible by the State Level Empowered Committee (SLEC).
Application Process
Online
Registration Process:
Step 1: Visit the Investor Facilitation Portal (IFP) portal. Click on "New Investor Registration" to access the registration form.
Step 2: Fill in the Registration Form. Click on "Submit".
Step 3: Verify the E-mail ID using the link sent on your registered E-mail ID.
Step 4: After verification, you will be registered successfully.
Post-Registration Process:
Step 2: Enter the email address and password you used during registration.
Step 3: Click the "Login" button to access your account.
Step 4: Now fill in the required details and mandatory documents about your business to complete the application process.
Helpdesk: Contact Here
Documents Required
For Registration:
- Copy of Registration for Constitution of Developer Company/Firm.
- (Industries Association/any enterprise registered under Societies Act, Partnership Act, or the Companies Act or SPV).
- Copy of PAN Card of Developer Company/Firm.
- 7/12 of Survey No. for Land in which Industrial Park to be developed.
- Village Map of Land in which Industrial Park to be developed (with Highlighted Survey/Block Nos.).
- Lay-out of the proposed Industrial Park (Certified by Approved Civil Engineer/Architect).
- Project Report.
- Notarized Affidavit in Prescribed Format.
For Approval:
- Copy of Registration for Constitution of Developer Company/Firm (Industries Association/any enterprise registered under Societies Act, Partnership Act, or the Companies Act or SPV).
- Copy of PAN Card of Developer Company/Firm.
- 7/12 of Survey No. & 8A Khata Details for Land in which Industrial Park to be developed.
- Copy of Sale Deed & Index-2 of Land purchased for Industrial Park.
- Village Map of Land in which Industrial Park to be developed (with Highlighted Survey/Block Nos.).
- Approved Lay-out Plan from Concerned Govt. Authority for the proposed Industrial Park.
- Detailed Project Report (containing component-wise Estimates as per Prevailing SOR of concerned Govt. Department or its undertakings, Features and Scope of Industrial Park, Benefits to industrial units to be established, etc.).
- CA Certified Net Worth of the Developer Company/Firm/Promoters.
- Authority Letter/Board Resolution for signing on behalf of Developer Company/Firm (if applicable).
- If you have applied to Central Government for incentives/assistance under any scheme of GOI, then give Details (Sanction Letter, Approval Letter, Disbursement, etc.).
- Notarized Affidavit in Prescribed Format.
For Claim:
- Duly attested copy of Sanction Letter with Annexure for Land Details issued under the scheme from Industries Commissionerate.
- Cancelled Bank Cheque and duly attested copy of PAN Card of Developer Company/Firm.
- CA Certificate for Expenditure incurred (containing details as per prescribed Format).
- Component wise CA Certified Expenditure Statements (Components as per Sanction Letter) (containing details as per prescribed Format).
- Component wise Cost (Components as per Sanction Letter) as per relevant SOR of concerned Govt. Department or its undertakings certified by approved Chartered Engineer for Claim Duration (containing details as per prescribed Format).
- TPQA (Third Party Quality Assurance) Certificate for the Quality of Work done for the Industrial Park (TPQA agency must be selected from the approved/suggestive list of Central/State Government department or Board/Corporation) (containing details as per prescribed Format).
- Color Photographs of developed Infrastructure Facilities.
- Project Completion Certificate for the Industrial Park from approved Civil Engineer/Architect or TPQA (If Project is completed) (containing details as per prescribed Format).
- If you have applied to State Government for incentives/assistance under any other scheme of GOG for the same project, then provide Details.
- (Details of Scheme, Registration, Sanction, Approval, etc. received under that scheme; Component wise Quantum of Assistance sanctioned, disbursed, if any.)
- If you have applied to Central Government for incentives/assistance under any scheme of GOI for the same project, then provide Details.
- (Details of Scheme, Registration, Sanction, Approval, etc. received under that scheme; Component wise Quantum of Assistance sanctioned, disbursed, if any.)
- Notarized Affidavit for Claim in Prescribed Format.
Frequently Asked Questions
What is the objective of the scheme "Financial Assistance to Industrial Parks" ?
The scheme "Financial Assistance to Industrial Parks" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, it aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters.
What are infrastructure facilities in an Industrial Park?
Infrastructure facilities include roads, power distribution, water supply, communication systems, sewage, parking, and other utilities required for the park's operations.
What is the financial assistance available for infrastructure facilities?
Financial assistance of up to 25% of the cost of Hostel/Dormitory Housing for domiciled workers is available, with a maximum limit of ₹20,00,00,000/- (excluding land costs).
What costs are considered eligible for financial assistance?
Only costs incurred for constructing approved infrastructure facilities, as per SOR norms or with SLEC approval, are considered eligible for financial assistance.
Are land costs included in the financial assistance?
Land costs are not included in the financial assistance provided for infrastructure development in an Industrial Park.
What is the significance of SOR norms in determining construction costs?
SOR (Schedule of Rates) norms ensure standardization and fairness in construction cost estimation for infrastructure development.
Who is eligible for financial assistance for infrastructure development?
Industrial Parks that provide approved infrastructure facilities and have prior approval for constructing Hostel/Dormitory Housing for domiciled workers are eligible for financial assistance.
Is prior approval necessary for constructing worker dormitories?
Yes, obtaining prior approval from the relevant authority is mandatory for receiving financial assistance for constructing worker dormitories.
What happens if the construction cost exceeds the SOR norms?
If the construction cost exceeds SOR norms, the project requires approval from the SLEC to remain eligible for financial assistance.
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Check Eligibility
Gujarat
Financial Assistance to Industrial Parks: Infrastructure Facilities
Entrepreneurship
Fixed Capital Investment
Industrial Parks
Details
Benefits
Eligibility
Exclusions
Application Process
Documents Required
Frequently Asked Questions
The scheme "Financial Assistance to Industrial Parks" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Industrial Policy. Effective from August 7th, 2020 to August 6th, 2025, it aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters.
The component "Infrastructure Facilities", is designed to encourage the development of Industrial Parks by reimbursing a portion of eligible fixed capital investments.
Was this helpful?
Share
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