Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Medical Equipment And Accessories, Medical Diagnostics And Ayush Products Manufacturing Units

The scheme Scheme For Medical Equipment And Accessories, Medical Diagnostics And Ayush Products Manufacturing Units is a sub scheme under the Investment Promotion Scheme (IPS) for Thrust Sector. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, Objective of the Investment Promotion Scheme (IPS):

The scheme envisages to provide further fillip to the specialized Thrust Sectors such as Plastic Furniture, Steel Furniture, Brass Furniture, Metal Furniture, Cane Furniture, Wooden Furniture, Bamboo Furniture, Fibre Glass Furniture and Marble Furniture etc, therefore making the U.T. a Special Hub for the furniture sector: maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc.

Objective of the Scheme For Medical Equipment And Accessories, Medical Diagnostics And Ayush Products Manufacturing Units Sub-scheme:

Under this Scheme, Capital Investment Subsidy and Credit Linked Interest Subsidy will be provided to Medical Equipment and Accessories, Medical Diagnostics and AYUSH Products Manufacturing Units.

Benefits

1. Capital Investment Subsidy: 20% of Gross Fixed Capital Investment made will be reimbursed subject to maximum of ?50,00,000/- per unit.
2. Credit Linked Interest Subsidy: 60% per annum limited to maximum of ?50,00,000/- lakhs per annum for Five years OR for the period of repayment of loan whichever is earlier.

Eligibility

1. Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.
2. The unit should have commenced the commercial production between 2022 to
3. Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
4. Enterprise shall have to apply at online portal within one year from the date of first disbursement of loan or on or before the date of commencement of commercial production.

Exclusions

The Enterprise will not be eligible for Interest Subsidy under this Scheme if, term loan is sanctioned after one year from the date of commencement of commercial production.

Application Process

Online

Registration Process:

1. Visit the Registration page of the Official Website.

2. Provide the information in the respective input spaces and click on Register.

3. Verify your email address using the verification link sent on your email (If Mail is Not Received Your Inbox. Please Check the Spam).

4. Click the Link/URL in the received email or Paste Link/URL in browsers address bar to complete your Account Verification.

5. Now enter 111111 as OTP to verify your mobile number. Mobile Number and Pin Successfully will be sent to the registered Email Address.

6. On successful registration the login credentials will be received in the registered email.
   Application Process:

7. Visit the user Login page of the Official Website.

8. Enter registered Mobile Number along with PIN sent on your email then click Log In.

9. On successful Log In, from the left side menu bar click on Departments & Services tab.

10. Scroll down to District Industries Centre DD & DNH and click on the Click Here button to apply for Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027).

11. Common Application Form will be open. Enter all the details in required input fields and upload all the mandatory documents.

12. After successful entry of the information, verify all the details and click on the Submit button to complete the application process.
    Helpdesk:

    District Industries Centre,

    Contact No.: 0260-2260871 / 0260-2260310

    E-mail Address: dic-dd@nic.in

    For Technical Assistance on Single Window Portal (i.e. https://investdd.in) Contact No. : 0260-2231885 / 2231886 E-Mail : ddegs-dd@nic.in

    Documents Required

    1. Corporate Identification Number (CIN) Document.
    2. Taxpayer Identification Number (TIN) Document.
    3. Permanent Account Number (PAN) Document.*
    4. Goods and Services Tax Number (GST) Document.
    5. Other Registrations Document.
    6. Copy of Udyam Registration /Industrial Entrepreneur Memorandum, as applicable.
    7. Copy of Partnership Deed and Firm Registration Certificate in case of partnership concern or Memorandum & Articles of Association and Date of Incorporation Certificate in case of Public/Private Limited companies.
    8. Copy of land purchase deed duly signed by the applicant (If the Enterprise is functioning in its own land).
    9. Copy of registered lease agreement for a minimum period of 5 years from the date of commencement of commercial production (If the Enterprise is functioning in a leased land/ building).
    10. Copy of sanction order from Electricity Department for power supply with copy of the latest bill.
    11. Authorization letter.
    12. Copy of Consent to Operate / Renewal from PCC, DNH & DD (as applicable for Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021).
    13. Copy of Factory licensee.
    14. ?Undertaking.