Investment Promotion Scheme (IPS) for MSME Sector: Incentives For Doubling Of Export Values
By Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and Diu
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Quick Answer
Financial assistance in the form of reimbursement for MSMEs in Dadra & Nagar Haveli and Daman & Diu who achieve double their export values over the previous year, up to ₹30 lakh.
- Funding amount
- ₹20L – ₹30L
- Funding type
- Subsidy
- Application deadline
- Closed
- Registrations needed
- Udyam registration
Results & next round
Applications for this round closed on 30 September 2024. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and Diu. Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this subsidy
The Investment Promotion Scheme (IPS) for the MSME Sector, launched on 3rd July 2015 and extended till 19th May 2027, aims to foster a vibrant and successful MSME ecosystem in Dadra & Nagar Haveli and Daman & Diu. This umbrella scheme seeks to protect MSMEs from market fluctuations, maximize women's participation in business, reduce local unemployment, and incentivize resident labor employment.
Under its sub-scheme, "Incentives For Doubling Of Export Values," the program provides crucial financial assistance in the form of reimbursement to eligible MSMEs. The primary objective is to significantly boost exports and enhance export values by rewarding enterprises that successfully double their export value compared to the previous financial year. This incentive is a direct financial support mechanism designed to encourage growth and competitiveness within the region's manufacturing and service sectors.
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
Provider
Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and DiuDadra and Nagar Haveli and Daman and Diu · India
Benefits & Funding
- Amount
- ₹20L – ₹30L
What You Get
This scheme provides financial assistance in the form of reimbursement to eligible MSMEs. Women entrepreneurs can receive a reimbursement of 2% of their export value, capped at a maximum of ₹30,00,000. Other entrepreneurs are eligible for a reimbursement of 1% of their export value, limited to a maximum of ₹20,00,000. Enterprises are eligible for this incentive for every annual year throughout the scheme period, providing ongoing support for export growth.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Selection Process
Applications are screened for eligibility criteria, including the unit's location, commencement of commercial production, and MSME status. The primary evaluation criterion for the incentive is the achievement of doubling export values over the previous financial year. Eligible applications are then processed for reimbursement based on the specified percentage of export value and category (women entrepreneur vs. other entrepreneur).
Application Process
- 1
Register
Register an account on the Single Window Portal by providing necessary information and verifying email/mobile.
You - 2
- 3
- 4
- 5
- 6
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.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What is the primary objective of this scheme?
The primary objective is to provide financial assistance as reimbursement to MSMEs that successfully double their export value compared to the previous year, thereby increasing overall exports and enhancing export values from the region.
Who is eligible to apply for this incentive?
New or existing Manufacturing/Service units in the MSME sector located in Dadra & Nagar Haveli and Daman & Diu are eligible, provided they commenced commercial production between May 20, 2022, and May 19, 2027, and apply within six months of the previous financial year's end.
What is the maximum financial assistance available?
Women entrepreneurs can receive up to ₹30,00,000 (30 lakh INR), while other entrepreneurs can receive up to ₹20,00,000 (20 lakh INR) as reimbursement, based on a percentage of their increased export value.
Is there a specific deadline for application?
Yes, enterprises must apply within six months from 31st March of the previous financial year for which they are claiming the incentive. For example, for exports achieved in FY 2023-24, the application deadline would be September 30, 2024.
What kind of businesses does this scheme support?
The scheme supports both new and existing manufacturing and service units within the MSME sector that are engaged in exports and located within the UT of Dadra & Nagar Haveli and Daman & Diu. The focus is on units that are actively in commercial production and seeking to expand their export reach.
Sources
Data on this page is compiled from official program and provider references.
