Uttar Pradesh Textile and Garmenting Policy 2022
Policy Highlights
- Land Subsidy @@25% of land cost (15% in GB Nagar district) on land purchase from Government Development Authorities.
- Stamp Duty Exemption @@100% (75% in GB Nagar district).
- Capital Investment Subsidy up to 35% for plant and machinery based on investment, employment generation and location of the unit.
- Interest Subsidy @@60% of annual interest up to INR 1.5 cr. (up to INR 75 lacs for GB Nagar) on loan taken for procurement of TUFS/ATUFS compliant plant and machinery for 7 years.
- Electricity Duty Exemption @@100% to new units for 10 years.
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Infrastructure Interest Subsidy @@50% of the project cost for following.
- Road, power, drainage & water supply (up to Rs. 3 Cr).
- ETP and DG Sets (up to Rs. 5 Cr).
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@@25% of the project cost for following.
- Inhouse training facility, Testing labs, R&D Centre (up to Rs. 2.5 Cr).
- Staff Quarter, Worker’s hostel or dormitory (up to Rs. 5 Cr).
- @@50% of the project cost up to INR 3 cr. for developing self-use infrastructure amenities such as Road, Water Supply & Drainage and Power Supply.
- @@50% of the project cost
- Stamp duty exemption @@100% to developer (except in GB Nagar district), and @@50% to first buyer of plot/unit.
- Special Incentives for Textile Park @@50% of project cost (except land cost), up to Rs. 50 Crore, for developing Textile and Apparel Park through private sector in a minimum area of 25 acres with Plug & Play facilities and CETP.
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Incentives for Youth to Start New Employment.
For starting New Employment in Production: 75% capital subsidy to set up 5-20 handlooms or 5-10 power looms in a shed, maximum of INR 20 lakh for handloom and INR 60 lakh for power loom. 50% subsidy on rent of flatted factories allotted by State Agencies and 75% capital subsidy on Plant& Machinery, maximum of INR 25 lakh per unit. - For starting new Employment in Design: 75% of the project cost to set up Design studio, subject to a maximum of INR 30 Lakh per entrepreneur.
- For starting new Export House: 75% of the registration fee and cost of infrastructure to open new Export House, subject to a maximum of INR 20 lakh per company.
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Following incentives on creation of own brand through marketing and opening of its
chain outlets.
- INR 2 Crores on opening 50 outlets.
- INR 4 Crores on opening 100 outlets.
- INR 8 Crores on opening 200 outlets.
- INR 10 Crores on opening 500 outlets.
- Additional INR 2 Crores on opening 25 or more outlets outside country.
