State Profile of Uttarakhand

• Uttarakhand Mega Food Park Benefits.

• Mega Industrial & Investment Policy 2015.

• MSME Policy .

• Industrial Development Scheme 2017.

• Department of Horticulture & Food Processing.

• State Industrial Development Corporation of Uttarakhand (SIIDCUL).

• Directorate of Industries.

• Transparent tax policies and swift approvals for the projects

• A large number of engineering and management Institutes including IIT & IIM

• Political stability, good governance and image as a peaceful state

• The attractive investment policy of State Govt.

• Availability of suitable industrial land to start business at a cheap rate

• Good quality of life for employees due to healthy environment

• Single Window Clearance https://investuttarakhand.com/backoffice/site/login

• Availability of suitable industrial land to start business at a cheap rate

• Fractional cost of setting up of operations as compared to NCR or other cities

• Uttarakhand Mega Food Park Benefits
  "Tariff @ INR 1.55 / Unit for Irrigation purposes under agriculture sector will be applicable for food processing units"

• Mega Industrial & Investment Policy 2015
  N/A

• MSME Policy
  N/A

• Industrial Development Scheme 2017
  N/A

• Uttarakhand Mega Food Park Benefits
  N/A

• Mega Industrial & Investment Policy 2015
  N/A

• MSME Policy
  40%(Max INR 40 Lakh)

• Industrial Development Scheme 2017
  Central Capital Investment Incentive for access to credit (CCIIAC) @ 30% of the investment in plant and machinery* with an upper limit of INR 5.00 Crore

• Special Incentive Scheme for Women Entrepreneurs

  • Capital Subsidy - Capital investment subsidy of 25% up to a maximum of INR 25 Lakh

  • Applicable across the state for both Manufacturing and Services sector

SGST Concession - Under MSME Policy 2015 (As Amended in 2019)

• Category A:100% for the first 5 years and 90% thereafter

• Category B, B+: 100% for the first 5 years and 75% thereafter

The SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed from the date of commencement of production of the unit for 5 years

Only manufacturing units are eligible to avail SGST Reimbursement

SGST Concession under Mega Industrial and Investment Policy 2015

• Large: 30%

• Mega / Ultra Mega/ Super Ultra Mega: 50%

The SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed from the date of commencement of production of the unit for 5 years

75% rebate in mandi tax

• Rebate of 15%, 25% and 30% on SIIDCUL prevailing land rate for Large Projects, Mega Projects and Ultra Mega Projects respectively

• 100 % Stamp Duty Discount will be granted on Purchase on Land and Lease Deed for the first time

• Uttarakhand Mega Food Park Benefits
  N/A

• Mega Industrial & Investment Policy 2015
  N/A

• MSME Policy
  "Transportation Subsidy:upto 7% of Annual Turnover or actual transportation cost, whichever is less (excluding the whole district of US Nagar, Haridwar & Plain Area of District Dehradun and Nainital)"

• Industrial Development Scheme 2017
  N/A

• Provision of subsidy @ Rs500 per month per Male employee & Rs700 per month per Female employee.(In case of employment is more than double to specified threshold of direct employees.

• Special State Transport Subsidy

  • Category A -7% of Annual Turnover (Maximum up to INR 7 lacs/yr/unit) or Inbound/ Outbound Logistics Cost whichever is less

  • Category B -5% of Annual Turnover (Maximum up to INR 5 lacs/yr/unit) or Inbound/ Outbound Logistics Cost whichever is less

  • Category B+ -5% of Annual Turnover (Maximum up to INR 5 lacs/yr/unit) or Inbound/ Outbound Logistics Cost whichever is less

Other Incentives

Excise Duty Reimbursement under State Excise Policy categories under MSME Policy 2015 (As Amended in 2019)

• Category A, B: 75% reimbursement on State Excise Duty, Additional Excise Duty, bottling fees and other charges as

only for Manufacturing Units

Transport Subsidy under MSME Policy 2015 (As Amended in 2019) - % of Annual Turnover (Per year/ unit) or Inbound/ Outbound Logistics Cost whichever is less

(Max INR 5 Lakh), or actual transportation cost, whichever less* Only manufacturing units are eligible to avail Transport Subsidy

Extra Employment Subsidy under Mega Industrial and Investment Policy 2015

• Category A: 7%

• Category B: 5%

• Category B+: 5%

  To avail the benefits of this policy, it will be necessary for each unit to employ at least 70% of its total workforce which are a domicile of Uttarakhand

  • @ INR 500 Per Month per Male (Max 10 Years)

  • @ INR 700 Per Month per Female (Max 10 Years)