State Profile of Puducherry

• New Industrial Policy (2016)

• Directorate of Industries and Commerce

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• Fixed power cost reimbursement of 50 paise per unit for a period of five years for Puducherry and Karaikal regions and 7 years for Mahe and Yanam regions from the date of commencement of production.

Not applicable

• The industrial units availing loan from financial institutions towards creation of fixed assets and for working capital shall be eligible for an interest subsidy to an extent of 25% of the annual interest amount paid, for five years which shall be admissible from the date of commencement of commercial production, subject to a maximum of Rs.5 lakhs for a period of 5 years for Puducherry and Karaikal regions and 7 years for Mahe and Yanam regions. The interest subsidy is also applicable to the units set up by person with disability / Ex-servicemen.

• For Micro & Small Enterprises, 100% of the net VAT/SGST paid will be reimbursed for a period of 5 years for Puducherry and Karaikal regions and 7 years for Mahe and Yanam regionsahe and Yanam regions. The interest subsidy is also applicable to the units set up by person with disability / Ex-servicemen

• For Medium Enterprises, 75% of the net VAT/SGST paid will be reimbursed for a period of 5 years for Puducherry and Karaikal regions and 7 years for Mahe and Yanam regions.

• For Large Enterprises, 50% of the net VAT/SGST paid will be reimbursed for a period of 5 years for Puducherry and Karaikal regions and 7 years for Mahe and Yanam regions..

• 100% stamp duty for purchase/lease of land/shed/ buildings, mortgages and hypothecations.

• Wage / employment subsidy of 20% wage / salary upto a maximum of Rs. 5 lakhs per annum, in case of workers who are covered under Provident Fund (PF) (if applicable) will be granted for a period of five years for Puducherry and Karaikal regions and 7 years for Mahe and Yanam regions. Wage / employment subsidy would be available only if the units provide direct employment to at least 10 persons and if the unit provides at least 60% of the employment to the people of Union Territory of Puducherry.

• 50% of fees subject to a maximum of Rs. 3,000 per person for 2 weeks duration training on skill upgradation programme conducted by the Puducherry Management and Productivity Council or any other institutes approved by the Department of Industries and Commerce

Not applicable

Women/SC/ST Entrepreneurs

• For Women/SC/ST Entrepreneurs, 45% on the investments made on land, building, plant and machinery subject to a maximum of Rs.75.00 lakhs.

Pollution Control

• The units which are installing pollution control equipment will be granted subsidy @ 25% upto a maximum of Rs. 5 lakhs.

Technology

• Assistance for acquisition of appropriate technology in any form for specific product / process will be provided by way of 50% grant subject to maximum of Rs. 10 lakhs.

Subsidy for Quality Certificates

• Assistance will be granted to the eligible MSMEs for maximum 3 quality certifications @ 50% of the cost of quality certification with a ceiling of Rs. 2 lakhs.

Assistance for Intellectual Property Protection Support:

• Assistance @ 50% subject to a maximum of Rs.2 lakhs for meeting the expenditure for obtaining domestic patent and Rs. 5 lakhs for international patent.

Market Development Support Assistance

• Assistance to MSME units for participation in international trade fair as a part of industry association will be given @ 50% of total rent and literature and display material subject to a maximum of Rs. 5 lakhs.

Assistance for energy and water conservation Water/Energy

• 50% cost of energy / water audit conducted in a unit by a recognised institution / consultant subject to a limit of Rs. 25,000 will be reimbursed to MSME