Subsidy/Incentives for Medium / Large / Mega Industries
Back Ended Capital Subsidy, Environmental Protection Infrastructure
Subsidy and Soft Loan / Investment Promotion Subsidy:
Granting Subsidy /Incentives for the investment
made towards land, building, plant and Machinery, environment protection infrastructure equipments Purpose and Soft Loan /Investment promotion subsidy for net output VAT + CST paid to the Government for the Medium / Large / Mega projects set up in Tamil Nadu.
Investment in Eligible Fixed Assets ranging from
Rs.5.00 crores to Rs.300.00 crores.
Eligibility Direct Employment ranging from 100 to 300
employees. Investment period ranging from 2 to 4 years.
Backended Capital subsidy: Ranging from Rs.0.30
crore to Rs.1.50 crores. Environmental Protection Infrastructure Subsidy Amount Subsidy: Rs.30.00 lakhs or 25% of capital cost to set up ETP and/or HWTSDF plant whichever is less.
Additional Capital Subsidy /Incentives, ranging from
Additional Capital 10% to 100%, over and above the eligible subsidy Subsidy amount depending upon the location of the unit.
Depending upon the location of the unit, Soft Loan /
Soft Loan / Investment Investment Promotion subsidy will be given for 10 Promotion Subsidy for years from the date of commencement of Net output VAT + CST commercial production with a ceiling of 100% of paid to the investment made in Eligible Fixed Assets within the Government investment period.