Incentives by MSME Department for Setting Up of Aromatic Industries in Aroma Park located at SIIDCUL, Kashipur
By Department of MSME, Government of Uttarakhand
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
Incentives from the Uttarakhand MSME Department, run by the Centre for Aromatic Plants (CAP), for entrepreneurs setting up aromatic industries in Aroma Park, SIIDCUL, Kashipur.
- Funding amount
- Up to ₹40L
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Uttarakhand
About this subsidy
Entrepreneurs who set up an aromatic industry in Aroma Park, SIIDCUL, Kashipur can claim a set of incentives from the Uttarakhand MSME Department. The Centre for Aromatic Plants (CAP), Selaqui, Dehradun, implements the scheme and also gives technical assistance. The incentives are as follows. Investment Promotion Assistance of up to ₹40 lakh, which is 40% of fixed capital investment in plant, machinery and workshop building. An interest subsidy of 10% on term loans for construction and machinery, up to ₹8 lakh per year for 5 years. 100% reimbursement of net SGST liability on in-state B2C sales for 5 years. Full exemption from stamp duty on land registration. 100% exemption from market fee on raw materials for 5 years. Electricity at a concessional rate, currently ₹1.55 per unit (applicable for irrigation/tubewell), for 5 years with uninterrupted supply.
Eligibility
See if you're eligible
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 Directorate of Industries (Department of MSMEs) is Uttarakhand's state-level office for industrial development, based in Dehradun. It is the state nodal agency for the Uttarakhand Startup Policy 2023, the main support for new startups in the state, and it publishes the…
Learn moreCo-organizer
Department of Horticulture and Food Processing, Government of UttarakhandUttarakhand · India
The Department of Horticulture and Food Processing is a Government of Uttarakhand department that supports horticulture across the state. Its own pages describe a shift from area expansion towards post-harvest management, marketing and food processing, and its scheme information…
Learn moreBenefits & Funding
- Amount
- Up to ₹40L
What You Get
This scheme provides substantial incentives for industries established in Aroma Park. Key financial benefits include Investment Promotion Assistance of up to ₹40 lakh (40% of fixed capital investment in plant, machinery, and workshop building). Beneficiaries also receive an Interest Subsidy of 10% on term loans (up to ₹8 lakh per year for 5 years) for construction and machinery. Additionally, there's 100% reimbursement of net SGST liability on in-state B2C sales for 5 years, full exemption from stamp duty on land registration, and 100% exemption from market fee on raw materials for 5 years. Electricity is supplied at concessional rates (currently ₹1.55 per unit, applicable for irrigation/tubewell) for 5 years with uninterrupted supply. Technical assistance is also provided by the Centre for Aromatic Plants (CAP).
- Disbursement
- Milestone Based
- Duration
- 61 months
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications for industrial plots in Aroma Park are reviewed based on submissions received within the specified period. The primary selection mechanism for plot allocation is an online bidding process. The applicant who places the highest bid is awarded the plot, following the procedures outlined by SIIDCUL. Once allotted, an official letter is issued to the successful applicant.
Application Process
- 1
Check Advertisements
Applicants monitor the SIIDCUL website for online advertisements of vacant plots in Aroma Park.
You - 2
- 3
- 4
How to apply
Four steps from draft to disbursement — one action each.
- 1
Submit on the official portal
Use the official application link and verify all details before final submission.
- 2
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What kind of industries are eligible for this scheme?
The scheme is specifically designed for entrepreneurs and individuals interested in setting up aromatic industries within the designated Aroma Park located at SIIDCUL, Kashipur.
What is the maximum financial assistance I can receive?
The scheme offers various incentives. The maximum Investment Promotion Assistance is ₹40 lakh on fixed capital investment. Additionally, an Interest Subsidy of up to ₹8 lakh per year (₹40 lakh over 5 years) is available, along with variable benefits from SGST reimbursement, stamp duty, market fee exemptions, and concessional electricity.
How long are the benefits applicable?
Most benefits, including interest subsidy, SGST reimbursement, market fee exemption, and concessional electricity rates, are applicable for a period of 5 years from the date of commencement of production of the unit.
What is the application process for setting up an industry in Aroma Park?
The application process involves applying for vacant plots in Aroma Park through online advertisements posted on the SIIDCUL website (esiidcul.com). Applicants submit required Earnest Money Deposit (EMD), and plots are allotted through an online bidding process to the highest bidder.
Is there any technical support available?
Yes, the Centre for Aromatic Plants (CAP) provides technical assistance to entrepreneurs who are interested in setting up industries in the Aroma Park, helping them with establishing their operations.
