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INDIAN STATE : GUJARAT
Incentives to Agro Based Industries
Financial Incentives
Interest Subsidy to Agro Industrial Units
Tiny, small, medium and large agro industrial units
shall be given 6% back ended subsidy for 5 years on
the interest on term loan, subject to a ceiling of Rs.
100 lacs.
Interest Subsidy to Agri Infrastructure Projects
Agri infrastructure projects shall be given 6% back-ended
subsidy for 5 years on the interest on term loan, subject
to a ceiling of Rs. 400 lacs on term loan. An illustrative
list of agri infrastructure projects includes food/
agro industrial park, cold chain (value addition centre/agro
service centre) for horticulture produce, supply chain
(value addition centre/ agro service centre) for agricultural
produce, chain of retail outlets for perishable products,
agri jetty/port and transportation hub, technology incubation
and demonstration centre, agriculture biotechnology
incubation, auction centres, transit/ terminal markets,
information kiosks, quality control laboratories, organic
laboratories, etc.
Assistance for preparation of project report
Individuals/institutions shall be reimbursed 50% expenditure
of the cost of preparation of a project report for setting
up an agro industrial unit, subject to a ceiling of
Rs. 5.00 lacs.
Assistance for Setting up of Centre of Excellence/Specific
Crop Development Institute.
The specific crop development institute / centre of
excellence shall be given 50% of the initial capital
investment as assistance, subject to a ceiling of Rs.
500 lacs. If such an institute is established under
the Company Law, the assistance shall be provided in
the form of equity.
Such institutes/centres shall take up demonstration
of agronomic practices, R&D (varietal and derivatives),
domestic and international market certification, quality
assurance, standards, logistics, patenting, brand promotion,
upgradation of technology for processing and packaging,
improving and professionalising the terms of trade in
the whole chain and such other promotional activities.
Assistance for Quality Certification
Small scale and tiny agro Industrial units shall be
given assistance upto 50% of the cost incurred for obtaining
quality certification mark from an institute recognised
by State Government/ Central Government, subject to
ceiling of Rs. 5.00 lacs.
Assistant for Patent Registration
Private, government or co-operative sector units shall
be reimbursed upto 50% of the cost of patent registration,
subject to a ceiling of Rs. 5.00 lacs.
Air Freight Subsidy
25% subsidy shall be provided on air freight for exports
of edible products like mango, chikoo, banana, tomato,
and such other products as specified by the State Government
from time to time, from the Sardar Patel International
Airport, Ahmedabad, subject to a ceiling of Rs. 10.00
lacs per beneficiary. 50% subsidy shall be provided
on the actual cost of sending samples and the cost of
getting samples passed for export of edible agro item,
subject to ceiling of Rs. 50,000/-
Assistance for Research & Development
50% subsidy shall be provided on the cost of special
research for improvement in quality of agriculture produce
undertaken in research and development centre established
by any institute or Industrial enterprise, subject to
a ceiling of Rs. 20 lacs.
Equity Participation in Joint Sector Projects
The State Government through Gujarat Agro Industries
Corporation shall undertake equity participation ranging
from 11% to 26% of promoter's contribution in select
projects to facilitate private sector investments.
Land
Land is crucial for backward integration for promoting
Industry so as to set up nurseries, research and development
facilities, demonstration farms and for captive consumption
for consistent supply of material.
The State Government shall provide government land,
including agriculture farms, on long lease basis at
concessional rates to agro industries and agri infrastructure
projects including centres of excellence.
Venture Capital Fund
Having recognized the need for a venture fund to cater
to the needs of prospective entrepreneurs who have developed
or acquired unique technologies in agro & food Processing,
horticulture, aquaculture, sericulture, hi-tech agriculture
and such other agro related projects, the State Government
shall create a venture fund for agro Industries in association
with financial institutions/ banks, etc.
Investment Opportunities
I) Agriculture Sector
- Infrastructure Projects Relating to Agriculture
and Horticulture: Vast opportunities are present with
respect to development of infrastructure facilities
such as Onion Cold Storage, Fresh Fruits-Pack house,
Vegetables-Pack house, Mechanized Grain handling and
storage at port, Food Parks, Terminal Markets, Spices
and Isabgul Irradiation center.
- Value added Processing: Potential for investment
is present in the field of value added processing
based on the local resources. This includes Tomato,
Potato Flakes & Powder, Specialty grades- Guar
Gum powder, Refined Sugar, Egg Powder, Baker's Yeast,
Fish oil extraction.
- Natural Resources base Opportunities: Natural food
colors, Medicinal Herbs extraction, Neem /Tobacco
Oil base Bio-Pesticides, Food Processing Enzymes,
and Fish meal base bio-fertilizer.
- Newer Technology Base Projects/ Opportunities: Spices
Cryo grinding, Freeze Dried Fruit processing Unit,
Instant Vegetables in Retort Pouches, Potato Fabricated
Chips.
- Export Oriented Processing: Peanut Butter, De-hulled
Sesame seed & Roasted Sesame oil, roasted, salted
& coated nuts. Integrated Shrimp farming &
processing.
II) Textile Industry
- Modern spinning with captive power generation
- Manufacturing of fabrics and made ups (Made up textiles
covers the manufacture of products, such as soft furnishings,
cushions, household textiles, household linen, quilts,
valances and bedspreads)
- Modern energy efficient textile processing
- Technical textiles
- Apparels with high fashion garments
III) Information Technology
- Software development Centres
- Business process outsourcing units
- Knowledge process outsourcing firms
- Training and educational centres
- Graphic animation and designing
- Medical transcription units
- Bio-IT software development
- Embedded software design and development
IV) Mineral Based and Allied Industries
V) Plastic and Allied Industries
VI) Port related activities and infrastructure
VII) Chemical and Allied Industry
Business Opportunities
Project
Profiles
- Agro and Food Processing
- Textiles and Apparels
- Chemicals, Petrochemicals and Pharmaceuticals
- Engineering, Auto and Ceramics
- SEZ and Port Led Development
- Power, Oil and Gas
- Gems and Jewellery
- Medical Tourism
- Biotechnology
- Information Technology
- Urban Development
- Tourism
Useful Web Links
Government
of Gujarat
Industrial
Extention Bureau,Government of Gujarat
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