- Details
- Benefits
- Eligibility
- Exclusions
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
- Feedback
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Gujarat
Gujarat Textile Policy: Assistance for Technology Acquisition
Details
Benefits
- Financial Assistance: Covers 65% of the technology cost, with a cap of ₹50,00,000/-.
- Royalty Payment: Supports royalty payments for the first 2 years.
Eligibility
- The unit must be a new or existing industrial unit.
- The technology must be acquired from a recognized institution.
- The unit must obtain prior approval from the Industries Commissionerate within one year of signing the agreement.
Exclusions
- Assistance will not be eligible for purchase of any plant and machinery or equipment.
Application Process
Application for Registration:
Application for Provisional/Final Eligibility Certificate:- Application for Industrial Unit
- MSME Units having GFCI up to INR 10 Crore: After DoCP, the Industrial Unit shall submit an application to the General Manager, District Industries Center.
- MSME Units having GFCI above INR 10 Crore and up to 50 Crore: After DoCP, the Industrial Unit shall submit an application to MSME Commissioner for Provisional Eligibility Certificate within 1 year from DoCP or within one year from the date of issuance of this GR, whichever is later.
- Other than MSME Units: After DoCP, the Industrial Unit, having registration shall submit an application for Provisional Eligibility Certificate to the Industries Commissioner within 1 year from DoCP or within 1 year from the date of issuance of the registration certificate, whichever is later.
Industries Commissionerate
District Industries Center
Documents Required
- Document of registration of the industrial undertaking, as applicable under law, and the Industrial Entrepreneur Memorandum, as prescribed by the Government of India.
- Documents related to legal possession of land with valid non-agriculture permission for industrial use, and registered purchase / Lease / Rent deed. If the plot or shed is in GIDC estate, a copy of the possession letter should be attached.
- Consent to Establish from GPCB, if applicable.
- Detailed Project Report containing the following:
- Executive summary
- Background
- Details of existing business (in case of expansion)
- Land/Shed details
- Raw material procurement strategy
- Manpower details
- Techno-economic viability assessment
- Financial analysis
- Term loan sanction letter from financial institution(s)
- Board Resolution / Authority Letter / PoA
- PAN Card of Enterprise and Authorized Person
- GST Registration with all Annexures
- First Sale Bill ( In case of Commercial Production is commenced)
- Audit Report (Before initiation of Expansion)
Frequently Asked Questions
What is the "Gujarat Textile Policy"?
What is the operative period of the "Gujarat Textile Policy"?
How does the policy contribute to employment generation?
What incentives are provided under the policy?
What is the objective of the "Assistance for Technology Acquisition" component?
What is the maximum financial assistance available under the Assistance for Technology Acquisition scheme?
Who is eligible to apply for this scheme?
Can an industrial unit use the financial assistance to purchase machinery or equipment?
Is prior approval required before acquiring the technology?
Can an industrial unit acquire patented technology from a foreign company under this scheme?
Does the financial assistance cover royalty payments?
News and Updates
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Gujarat
Gujarat Textile Policy: Assistance for Technology Acquisition
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