Investment Promotion Scheme (IPS) for Thrust Sectors: Scheme For Medical Equipment And Accessories, Medical Diagnostics And Ayush Products Manufacturing Units
By Department of Industries, UT Administration of Dadra and Nagar Haveli and Daman and Diu
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Quick Answer
This sub-scheme provides capital investment and credit-linked interest subsidies to new or expanding MSME manufacturing units in medical equipment, diagnostics, and AYUSH products in Dadra & Nagar Haveli and Daman & Diu.
- Funding amount
- Up to ₹50L
- Funding type
- Subsidy
- Application deadline
- 198d — 19 May 2027
- Registrations needed
- Udyam registration
About this subsidy
The "Scheme For Medical Equipment And Accessories, Medical Diagnostics And Ayush Products Manufacturing Units" is a targeted sub-scheme under the broader "Investment Promotion Scheme (IPS)" for Thrust Sectors. It was initially launched on July 3, 2015, by the Department of Industries, U.T. Administration of Dadra & Nagar Haveli and Daman & Diu. The scheme has been further extended and is currently operative from May 20, 2022, until May 19, 2027.
The overarching objective of the Investment Promotion Scheme is to significantly boost specialized thrust sectors. While the parent scheme broadly aims to make the UT a hub for sectors like various types of furniture, maximize women's participation in business, reduce unemployment, and incentivize the employment of local laborers, this specific sub-scheme focuses keenly on the healthcare manufacturing ecosystem.
Its primary goal is to provide crucial financial support to units engaged in the manufacturing of medical equipment and accessories, medical diagnostics, and AYUSH products. This support is delivered through two key mechanisms: Capital Investment Subsidy and Credit Linked Interest Subsidy, designed to stimulate growth, innovation, and production capabilities within these vital sectors.
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
- Capital Investment Subsidy: Eligible units can receive a reimbursement of 20% of their Gross Fixed Capital Investment made, subject to a maximum of ₹50 lakh per unit. This aims to reduce the initial financial burden of setting up or expanding manufacturing facilities.
- Credit Linked Interest Subsidy: Units can also benefit from a 60% per annum interest subsidy on their credit, limited to a maximum of ₹50 lakh per annum. This subsidy is available for up to five years or for the entire period of loan repayment, whichever is earlier, significantly lowering the cost of borrowing for business operations and expansion.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Application Process
- 1
Register Online
Create an account on the Single Window Portal by providing details and verifying email and mobile number.
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 primary objective of the Investment Promotion Scheme (IPS)?
The broader IPS scheme aims to provide a fillip to specialized Thrust Sectors like Medical Equipment, Medical Diagnostics, and AYUSH Products Manufacturing Units, maximizing women's participation, reducing unemployment, and incentivizing local labor. This sub-scheme specifically targets medical and AYUSH manufacturing.
What specific benefits are offered under the "Scheme For Medical Equipment And Accessories, Medical Diagnostics And Ayush Products Manufacturing Units" sub-scheme?
The sub-scheme provides Capital Investment Subsidy and Credit Linked Interest Subsidy to eligible manufacturing units.
What is the maximum Capital Investment Subsidy?
A maximum of ₹50,00,000/- (Rupees Fifty Lakhs) per unit will be reimbursed, representing 20% of the Gross Fixed Capital Investment made.
What is the maximum Credit Linked Interest Subsidy?
A maximum of ₹50,00,000/- (Rupees Fifty Lakhs) per annum is provided for five years or for the period of repayment of the loan, whichever is earlier, at a rate of 60% per annum.
Where must the unit be located to be eligible?
The manufacturing or service unit must be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
What is the application deadline and operative period?
Enterprises must apply online within one year from the date of the first disbursement of the loan or on or before the date of commencement of commercial production. The scheme itself is operative till May 19, 2027.
Sources
Data on this page is compiled from official program and provider references.
