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Textile Subsidy

Effective from October 1st, 2024 to September 29th, 2029.

Eligible Activities:
Activity 1:
  • Garments, Apparel & Made-ups, Technical Textiles Activity (including Composite Unit)
Activity 2:
  • Weaving (with or without preparatory), Knitting, Dyeing & Processing, Texturising, Twisting, Embroidery and MMF Spinning to manufacture yarn from Polyester Staple Fiber (PSF) / Viscose Staple Fiber (VSF) (excluding Spinning activity of Cotton and Synthetic Filament Yarn).
Financial Assistance: Capital Subsidy:
Category of TalukaActivity 1Activity 2
Category 1 & PM MITRA Park35% of eFCI *, Maximum ?100 Cr20% of eFCI, Maximum ?50 Cr
Category 230% of eFCI, Maximum ?100 Cr18% of eFCI, Maximum ?50 Cr
Category 320% of eFCI, Maximum ?50 Cr10% of eFCI, Maximum ?40 Cr
*eFCI Means Eligible Fixed Capital Investment made in New Building, Plant & Machinery.

Interest Subsidy:
Category of TalukaActivity 1Activity 2
Category 1 & PM MITRA Park@7% of Term Loan for 8 years; 
upto 3% of eFCI p.a.
@7% of Term Loan for 7 years; 
upto 2% of eFCI p.a.
Category 2@7% of Term Loan for 8 years; 
upto 2.5% of eFCI p.a.
@7% of Term Loan for 7 years; 
upto 3% of eFCI p.a.
Category 3@5% of Term Loan for 6 years; 
upto 2% of eFCI p.a.
@5% of Term Loan for 5 years; 
upto % of eFCI p.a.

Power Tariff Subsidy: INR 1/- Unit (kWh) availing power either from DISCOM or Renewable Power through open access for 5 years from the Date of commencement of Commercial Production.
 
     
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