Time to accelerate high-tech electronics investments in Gujarat
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Electronics Policy 2022-28
Overview of Gujarat’s Electronics Policy 2022–28
One of the most attractive policies offered by the Gujarat government is the Electronics Policy 2022–28. This policy aims to make the state a competitive destination for electronics manufacturing and system design. Through this policy, the government is looking to reach out to the entrepreneurs interested in investments across ESDM, semiconductors, EMS, and component manufacturing. The policy has a structured and strategic approach where they are offering a thoughtful mix of capital support, operational incentives, and employment-linked benefits. With a strong emphasis on value addition, technology adoption, and job creation, the policy creates a instrumental and contributive setting for electronics companies who wants to establish and scale operations in Gujarat. And to get the entire operation done successfully – from submission to approval, you have our experts at HSQUARE Advisors. It’s time to unlock the benefits efficiently.
- Capital subsidy up to 25% on eligible fixed capital investment
- Subsidy on interest up to 7% on term loans
- Net SGST reimbursement going up to 100%
- Employment-linked incentives, which even includes EPF reimbursement
Incentive / Subsidy Benefits
| Sr. No. | Particulars | Quantum of subsidy |
|---|---|---|
|
1.
|
Capital Assistance
|
20% of investment for first 1000 crores
15% of investment exceeding 1,000 crores |
|
2.
|
Stamp Duty & Registration Fees
|
100% reimbursement of Stamp Duty & Reg. Fees paid for lease/transfer of land
|
|
3.
|
Interest Subsidy for 5 years
|
Up to 7.00% for a term loan and up to 10 crores per annum
|
|
4.
|
Logistics Support for 5 years
|
25% of freight charges for import and maximum INR 5 crores / annum
|
|
5.
|
One time relocating support for shifting to Gujarat
|
Reimbursement of 50% of cost incurred subject to INR 5 crores
|
|
6.
|
Electricity Duty
|
100% Reimbursement of Electricity Duty
|
|
7.
|
Power Tariff for 5 years
|
Reimbursement of INR 1/unit of electricity consumed
|
|
8.
|
Employers’ contribution to Provident Fund
|
100% in Case of Female Employees / 75% of Male Employees
|
FAQs
Have Questions About Something?
Office 517, Iconic Shyamal, Shyamal Cross Road, Satellite, Ahmedabad - 380015, Gujarat.
Start Today with H Square Advisors
H Square Advisors offers tailored solutions in finance, government subsidies, taxation, and more. We provide expert consultancy to help businesses thrive, ensuring they receive the support they need to grow.
