Lok Sabha Question No. 4153 (UNSTARRED), answered on 2025-03-26
Subject: Benefits under M-SIPS
Ministry: ELECTRONICS AND INFORMATION TECHNOLOGY
Asked by: Dr. Manna Lal Rawat

## GOVERNMENT OF INDIA MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY

## LOK SABHA UNSTARRED QUESTION NO. 4153

TO BE ANSWERED ON: 26.03.2025

## BENEFITS UNDER M-SIPS

## †4153.  DR. MANNA LAL RAWAT:

Will the Minister of ELECTRONICS AND INFORMATION TECHNOLOGY be pleased to state:

- (a)  whether  the  Government  has  taken  any  steps  for  the  MSME  sector  under  the  Modified Special Incentive Package Scheme (M-SIPS) and if so, the details of the facilities provided to the beneficiaries under this scheme;
- (b) the details of the benefits provided by the Government under the said scheme in the State of Rajasthan, year and district-wise;
- (c)  whether  the  Government  is  considering  any  scheme  to  provide  additional  benefits  to  the industries set up in Tribal Sub Plan (TSP) areas of the State of Rajasthan under this scheme; and (d) if so, the details thereof and if not, the reasons therefor?

## ANSWER

## MINISTER OF STATE FOR ELECTRONICS AND INFORMATION TECHNOLOGY (SHRI JITIN PRASADA)

(a)  and  (b):        The  Modified  Special  Incentive  Package  Scheme  (M-SIPS)  was  notified  to provide financial incentives to offset the disability and high upfront cost and thereby attract investments  in  the  electronics  manufacturing  sector.  The  scheme  provided  incentives  for investments in capital expenditure for setting up electronics manufacturing facilities (20% for units set up in SEZs units and 25% for non-SEZ units). The incentives were available for 44 categories  /  verticals  of  electronic  products  and  components  covering  entire  electronics manufacturing value chain.

M-SIPS  was  a  pan  India  Scheme  and  it  was  open  to  receive  proposals  from  applicants, including MSMEs, to set up electronics manufacturing units in any industrial area within the country including state of Rajasthan.

Under M-SIPS, an incentive of Rs.143.35 crore have been disbursed to 11 applications in the State  of  Rajasthan.  The  year  wise  and  state  wise  details  of  the  applications  are  placed  at Annexure-I.

- (c) and (d) : M-SIPS was a pan India Scheme and the benefits arising out of the Scheme have nation-wide implications.

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## Incentives disbursed under the scheme

Annexure-I

| S. No.   | Name of applicant                                       | District   | FY 16-17   | FY 17-18   | FY 18-19   | FY 19-20   | FY 20-21   | FY 21-22   | FY 22-23   | FY 23-24   | FY 24-25   |   Total |
|----------|---------------------------------------------------------|------------|------------|------------|------------|------------|------------|------------|------------|------------|------------|---------|
| 1.       | Genus Power Infrastructure Ltd.                         | Jaipur     | 2.8        | -          | -          | -          | -          | -          | -          | -          | -          |    2.8  |
| 2.       | Nidec India Private Limited                             | Alwar      | -          | 12.67      | -          | -          | 7.96       | 5.23       | 1.99       | -          | -          |   27.85 |
| 3.       | Secure Meters Ltd.                                      | Udaipur    | -          | 4.6        | -          | 0.8        | -          | -          | -          | 6.88       | -          |   12.28 |
| 4.       | Daikin Airconditioning India Pvt. Ltd.                  | Alwar      | -          | -          | 3.67       | -          | -          | -          | -          | -          | -          |    3.67 |
| 5.       | Bhagawati Electronics                                   | Alwar      | -          | -          | 1.79       | 1.51       | -          | -          | 10.52      | -          | -          |   13.82 |
| 6.       | Perto                                                   | Jaipur     | -          | -          | -          | 13.58      | -          | -          | -          | -          | -          |   13.58 |
| 7.       | Orient Cable                                            | Alwar      | -          | -          | -          | 2.41       | -          | -          | -          | -          | -          |    2.41 |
| 8.       | Havells                                                 | Alwar      | -          | -          | -          | -          | 30.9       | 3.72       | -          | 3.21       | -          |   37.83 |
| 9.       | Daikin Airconditioning India Pvt. Ltd. (Application-02) | Alwar      | -          | -          | -          | -          | 24.22      | -          | -          | -          | -          |   24.22 |
| 10.      | Nidec India Private Limited (Application- 02)           | Alwar      | -          | -          | -          | -          | -          | -          | -          | 1.91       | -          |    1.91 |
| 11.      | Nidec India Private Limited (Application-03)            | Alwar      | -          | -          | -          | -          | -          | -          | -          | -          | 2.98       |    2.98 |
|          | Total                                                   |            | 2.8        | 17.27      | 5.46       | 18.3       | 63.08      | 8.95       | 12.51      | 12         | 2.98       |  143.35 |

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