Financial Assistance to Industrial Parks: Assistance on Fixed Capital Investment
State: Gujarat
Ministry: null
Department: Industries and Mines Department
Category: Business & Entrepreneurship
Beneficiary Type: Business Entity, Industries

The scheme "Financial Assistance to Industrial Parks" under the Gujarat Industrial Policy aims to boost industrial growth through financial assistance, modern technologies, and enhanced facilities for industrial parks and clusters.

Benefits:
- **Assistance in General Area:** 25% of eligible fixed capital investment, up to a maximum of ₹30,00,00,000/-.  - **Assistance in Vanbandhu Talukas:** 50% of eligible fixed capital investment, up to ₹30,00,00,000/-, for Industrial Parks.  - **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.

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-1: Visit the Investor Facilitation Portal (IFP) portal. Click on "Login".
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.