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Gujarat PM MITRA Park

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89 views9 pages

Gujarat PM MITRA Park

Uploaded by

ishanhbmehta
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© © All Rights Reserved
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PM MITRA Park, at Vansi,

Navsari, Gujarat
20th June 2023
Macro Economic Indicators - Gujarat

Gujarat's GDP (at current prices) grew at ~12.6% CAGR between 2013-14 to 2019-20. GDP stood at USD
225 billion in 2019-20, as against USD 110 billion in 2013-14

Gujarat accounts for about 18.14 % of India’s industrial output with 11.55% of India’s factories

In 2022-23, manufacturing sector share as a percentage of state GDP stood at 36.7% compared to
national manufacturing sector contributed only 17% to national GDP

Gujarat is the largest exporter in India with share of 33% in India’s total exports
Textile Ecosystem of Gujarat
Current Textile Activity Clusters in Gujarat Key Statistics related to Textile Ecosystem in Gujarat

To Delhi

• Gujarat has 37% of India’s cotton produce


Kutch Farm • 60% of India’s cotton export in terms of value
Mehsana

Gandhinagar
• 50% of India’s man made cotton fibre
Surendranagar
Ahmedabad
Fibre • 4.5 million established spindles in State
Dedicated Freight
Corridor (DFC)

Botad Vadodara
• Largest Producer of Synthetic fabric in India
Rajkot Fabric • 30% of India’s woven fabric production
• 65% of India’s Denim production
Legend
Processing Junagadh Amreli
Surat • 90% weaving machinery manufacturers in
Spinning
Fashion State
• 25% of India’s Technical textile Output
Ginning
Weaving Vapi
• 30% of India’s exports in cotton fabrics &
Garmenting Foreign madeups
To Bombay
PM MITRA Park at Vansi, Navsari

Parameter Name Distance

State Highway SH196 300 mt Hazira port


Nearest
Highway NH48 (Vesma)
National Highway 30 km
(via Maroli)
Surat Airport
Sachin ICD
Air cargo/ Airport Surat Airport 55.7 km 55 km

Sea port Hazira 66.2 km


PM MITRA Park - Vansi,
Navsari 30 km
Western DFC Sachin 36.4 km

Distance Inland Container Depot


ICD Sachin 39.1 km
from (ICD)
SH 196
Container Freight Station
CFS Hazira 71.7 km
(CFS) NH 48

Proposed tentative
CONCOR - CCT, route of DFC
Container Terminal 110 km
Ankleshwar Proposed tentative
route of Expressway
Policy Incentives under Gujarat Textile Policy 2019

1 INTEREST SUBSIDY
3 Technology
Upgradation
50% of acquisition Cost
Acquisition &

Up to 6% based on employment Max. Ceiling = INR 25 lakh


Max. Ceiling = INR 20 Crore p.a. (USD 24.40 M)

4
2
Energy & Water Conservation
Power Tariff ➢ 20% of the cost of machinery and
equipment
Weaving Unit: INR 3 per unit for LT & INR Max. Ceiling = INR 30 lakhs
2 per unit for HT connection for 5 years ➢ 50% of cost for energy audit
Other units: INR 2 per unit for 5 years Max. Ceiling = INR 1 lakh

5 Establishment of Textile Park


➢ 25% of capital expenditure for common facilities
➢ 25% of financial assistance for hostel/
dormitory
Max. Ceiling = INR 7.5 Crore (USD 0.9 M)

Max. Ceiling = INR 15 Crore (USD 18.30 M) ➢ Reimbursement of 100% of stamp duty
1 $ = 81.96 INR Note: Incentives to be claimed under single policy only
Policy Incentives under Atmanirbhar Gujarat Scheme 2022
Textile including Technical Textile, Apparel and Garments : Thrust Sector

Criteria:
Large Industries – FCI > 50 Cr

1 NET SGST REIMBURSEMENT


90% of net SGST for 10 years
3 EPF REIMBURSEMENT
100% of employer's statutory contribution with
Max. Ceiling of upto 7% of eFCI* p.a.
ceiling of incentive @ 12% of employee's basic
salary or INR 1800 per month, whichever is
lower

2 INTEREST SUBSIDY
Interest subsidy @ 7% on Term Loan for 10
OTHER INCENTIVES AS PER ELECTRICITY ACT, 2003

years 100% Electricity Duty Exemptions for first 5 years from


Max. Ceiling = upto 1% of eFCI* p.a. date of commercial production–as per Gujarat Electricity
Act 2003
Note: Incentives to be claimed under single policy only Note : eFCI does not include land cost (Source : https://ic.gujarat.gov.in/documents/aatmanirbhar-gujarat/index.html)
Policy Incentives under Atmanirbhar Gujarat Scheme 2022
Criteria:
a. Micro - FCI <= 1 Cr b. Small – 1 Cr<FCI<=10 Cr c. Medium – 10 Cr<FCI<=50 Cr

Assistance of Capital Assistance for Interest Subsidy Net SGST reimbursement

1 Investment Subsidy to Micro


Enterprise
20% of term loan amount up to INR
2 Interest subsidy @ 6% on term loan
for period of 6 years
Ceiling = 30 lakhs per annum p.a.
3 90% of SGST for 10 years up to 6.5%
of eFCI

30 lakhs

4 EPF reimbursement
100% of employer's statutory
contribution with ceiling of incentive
to be 12% of the employee's basic
5
Financial Support for ZED
Certification
Subsidy at the rate of 50% of all
charges on the amount after
6
Assistance for Quality
Certification
a. ERP Assistance : 65% of capital
cost for installing ERP system of
salary or INR 1800 per month, deducting assistance from GoI ceiling = INR 1 lakh
whichever is lower
Ceiling = INR 50,000 b. Quality certification: 50% of fees
payable for national/

7 Rehabilitation of sick
enterprise
Reimbursement of 50% of cost for
preparing the diagnostic reports
8 Assistance in Rent to MSEs
65% of rent paid by the enterprise for
5 years
international certification along
with 50% of cost for testing
equipment & machinery of
ceiling = INR 10 lakh
Ceiling = 1 lakh per annum
Ceiling = 1 lakh
(Source : https://ic.gujarat.gov.in/documents/aatmanirbhar-gujarat/index.html)
Policy Incentives under Atmanirbhar Gujarat Scheme 2022
Criteria:
a. Micro - FCI <= 1 Cr b. Small – 1 Cr<FCI<=10 Cr c. Medium – 10 Cr<FCI<=50 Cr

9 Assistance for Technology


Acquisition
65% of cost for acquisition of
technology from recognized
10 Assistance in
Implementation of ICT
65% of capital expenditure on
ICT facilities
11 Assistance for
reimbursement of CGTMSE
fees
Reimbursement of 100% annual
institution Ceiling = INR 5 lakh service fees paid to Bank/
Financial institution
Ceiling = INR 50 lakh

12 Assistance for Power


Connection Charges
35% of charges paid to
distribution licenses
13 Assistance for saving in
consumption of Energy &
Water
14 Assistance for Patent
Registration
a. 75% of cost incurred for
patent application of ceiling
a. 75% of cost of audit conducted
= INR 25 lakh
Ceiling = INR 5 lakh for one time Ceiling = INR 50,000 for each
audit b. Ceiling for fees for attorney
for domestic application is
25% of cost of equipment INR 50,000 and international

15 Assistance for raising


Capital via SME exchange
25% expenditure incurred on
raising of fund through SME
suggested by auditing authority
Ceiling = 20 lakh for one time c.
application is INR 2 lakh
50% of assistance will be
disbursed after publication
exchange, ceiling of INR 5 lakh
(Source : https://ic.gujarat.gov.in/documents/aatmanirbhar-gujarat/index.html)
Thank You

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