Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Marine Products Processing Units
By Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and Diu
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Quick Answer
A credit-linked interest subsidy scheme for new or expanding marine product processing units in Dadra & Nagar Haveli and Daman & Diu, offering up to ₹50 lakh per annum for 5 years.
- Funding amount
- Up to ₹50L
- Funding type
- Subsidy
- Application deadline
- 198d — 19 May 2027
- Registrations needed
- Udyam registration
About this subsidy
The "Scheme For Marine Products Processing Units" is a sub-scheme under the broader "Investment Promotion Scheme (IPS)" for Thrust Sectors. It was initially launched on July 3, 2015, and has been extended to be operative from May 20, 2022, until May 19, 2027. The overall IPS aims to provide significant impetus to specialized Thrust Sectors, including various types of furniture manufacturing, with general objectives such as maximizing women's participation in business, reducing local unemployment, and incentivizing industries to employ resident laborers. This specific sub-scheme, however, exclusively focuses on providing a credit-linked interest subsidy to support the establishment or expansion of marine products processing industries. This initiative by the UT Administration of Dadra & Nagar Haveli and Daman & Diu is designed to foster industrial growth and generate employment within the region by making capital more accessible and affordable for relevant businesses.
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
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
- Up to ₹50L
What You Get
The scheme provides a significant credit-linked interest subsidy to eligible units. Beneficiaries can receive an annual subsidy of 60% on interest, capped at a maximum of ₹50 lakh per annum. This financial support is available for a period of 5 years or for the duration of the loan repayment, whichever comes first. This subsidy effectively reduces the cost of borrowing for establishment or expansion projects in marine product processing, thereby boosting investment and operational viability in the sector. The benefit is designed to directly support the financial health of the manufacturing/service units by making credit more affordable.
- Disbursement
- Tranched
- Duration
- 61 months
- Bootstrap friendly
- Yes
Application Process
- 1
Register on Portal
Create an account on the Single Window Portal by providing necessary details and verifying email and mobile number.
You - 2
- 3
- 4
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 kind of units are eligible for this scheme?
The scheme is open to new manufacturing/service units or existing manufacturing/service units undertaking expansion or diversification in the MSME sector.
What is the maximum amount of interest subsidy I can receive?
You can receive a maximum credit-linked interest subsidy of ₹50,00,000/- per annum.
For how long is the subsidy provided?
The subsidy is provided for a maximum of 5 years or for the period of repayment of the loan, whichever is earlier.
When must commercial production have commenced to be eligible?
The unit should have commenced commercial production between May 20, 2022, and May 19, 2027.
Where must the unit be located?
The eligible unit must be located within the Union Territory of Dadra and Nagar Haveli & Daman and Diu.
What is the application deadline?
Enterprises must apply online within one year from the date of the first disbursement of their loan or on or before the date of commencement of commercial production, whichever is earlier. The scheme itself is operative till May 19, 2027.
Sources
Data on this page is compiled from official program and provider references.
