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