Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector: Assistance of Interest Subsidy
By Industries and Mines Department, Government of Gujarat
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Quick Answer
This scheme by the Gujarat government provides interest subsidy on term loans to new and expanding large industrial undertakings in Gujarat to reduce borrowing costs and encourage growth.
- Funding amount
- Varies
- Funding type
- Subsidy
- Application deadline
- 343d — 4 Oct 2027
- Location
- Gujarat
- Registrations needed
- DPIIT recognition
About this subsidy
The "Aatmanirbhar Gujarat Scheme for assistance to Large Industries and Thrust Sector" is an umbrella initiative by the Industries and Mines Department, Gujarat. Launched on October 5, 2022, and effective until October 4, 2027, this scheme aims to bolster Gujarat's large-industry sector, a vital contributor to employment, GDP, and exports. Its objective is to foster growth, attract investments, and align with the broader vision of "Aatmanirbhar Gujarat" and "Aatmanirbhar Bharat."Specifically, the "Assistance of Interest Subsidy" component provides crucial financial relief to eligible large industrial undertakings. It functions by reimbursing a portion of the interest paid on term loans, thereby significantly reducing the cost of borrowing. This incentive is designed to stimulate industrial expansion, diversification, and the establishment of new large-scale projects within the state, supporting economic development and job creation.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
The Industries & Mines Department (IMD) of the Government of Gujarat is the state department that makes industrial and MSME policy. Its executive arm, the Industries Commissionerate, implements those policies, both the state's and the central government's, and runs the Startup…
Learn moreBenefits & Funding
What You Get
Eligible large industrial undertakings can receive substantial financial support through this scheme. The primary benefit is an interest subsidy of 7% on term loans. The duration of this subsidy varies based on the category of Taluka and whether the industry is a 'Thrust' sector, ranging from 6 to 10 years. Annually, the subsidy amount can be up to 1% of the eligible Fixed Capital Investment (eFCI) for General categories and up to 1.2% of eFCI for Thrust Category 1 industries. This reduces borrowing costs, facilitating new investments, expansions, and diversification efforts within Gujarat's industrial landscape.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Selection Process
Applications submitted through the Investor Facilitation Portal will undergo a verification process by the Industries and Mines Department. The eligibility of the industrial undertaking and the project details will be assessed against the scheme guidelines. The interest subsidy will be disbursed based on compliance with the stipulated conditions and commencement of commercial production.
Application Process
- 1
Register
Complete the new investor registration on the Investor Facilitation Portal (IFP).
You - 2
- 3
- 4
- 5
How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What is the Aatmanirbhar Gujarat Scheme's interest subsidy component?
It provides financial support to large industrial undertakings in Gujarat by reimbursing a portion of the interest paid on their term loans, encouraging growth and investment.
Who is eligible for this interest subsidy?
New large industrial undertakings, or existing ones undertaking expansion and/or diversification, that have DPIIT acknowledgment/registration and commence commercial production within the scheme period.
What is the maximum interest subsidy provided?
The subsidy is 7% on term loans, with annual limits up to 1% of Eligible Fixed Capital Investment (eFCI) for general industries and up to 1.2% of eFCI for Thrust Category 1 industries.
For how many years is the interest subsidy available?
The subsidy tenure ranges from 6 to 10 years, depending on the Taluka category and whether the industry is in a Thrust sector.
How can I apply for the scheme?
The application process is online through the Investor Facilitation Portal (IFP) of Gujarat, involving new investor registration and subsequent application submission.
Is this scheme open to all types of businesses?
No, it is specifically targeted at large industrial undertakings in Gujarat.
Sources
Data on this page is compiled from official program and provider references.
