The Government of India has been providing several subsidies & incentives for businesses operating in the country to foster & encourage the employment generators of the country.
For every entrepreneur in India, these subsidies are vital & offer a great range of flexibility while incurring capital expenditure. Due to this, they must know about these subsidies and incentives. These subsidies and incentives help reduce capital cost, lower the company’s interest burden, and allow it to achieve break-even faster than usual.
Here are some of the subsidy services our expert team offers:
Credit Linked Capital Subsidy Scheme (CLCSS)
Several Small Scale Industries (SSI) in India, due to lack of awareness & or funds, manufacture goods, and products with outdated technology leading them to lose a significant share of the market due to the advent of globalization and the companies that are working with the latest technology. To help companies overcome that, the Indian Government offered CLCSS that provides a 15% capital subsidy to SSI units on their institutional finance. Our expert team assists your company in availing of that.
Subsidy for Establishing Cold Chain
The Ministry of Food Processing Industry provides a subsidy for establishing a cold chain in the country. The objective is to provide financial assistance to companies for integrated cold chain and preservation infrastructure facilities.
The other subsidy services:
- Technology Upgradation Fund Scheme (TUFS).
- Subsidy for Acquiring Quality Management System.
- Support for International Patent Protection in Electronics & IT.
- Interest Subsidy for MSME Units in Gujarat.
- Capital Subsidy for Solar Lighting and Small Capacity PV Systems.