Capital Subsidy for Establishment of Sea Plane, Amphibian Tourist Vehicle and Aero Sports and Aero Sports Training Centre/Academy
By Tourism Department, Government of Madhya Pradesh
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Quick Answer
A capital investment subsidy of up to ₹10 crore by the Government of Madhya Pradesh to promote adventure tourism by incentivizing the establishment of sea plane, amphibian tourist vehicle, and aero sports facilities.
- Funding amount
- ₹25 Lakhs – ₹10 Cr
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Madhya Pradesh
About this subsidy
The "Capital Subsidy for Establishment of Sea Plane, Amphibian Tourist Vehicle and Aero Sports and Aero Sports Training Centre/Academy" is an initiative by the Tourism Department, Government of Madhya Pradesh. This scheme is strategically designed to bolster adventure tourism across the state and significantly improve connectivity through innovative transport and recreational facilities. By offering financial incentives, the government aims to encourage entrepreneurs and businesses to invest in the establishment and operation of specialized tourism projects.
Specifically, the program targets the development of sea plane operations, amphibian tourist vehicle services, aero sports facilities, and dedicated aero sports training centres or academies. This forward-looking approach seeks to position Madhya Pradesh as a premier destination for adventure tourism, attracting both domestic and international visitors. The scheme provides substantial financial support, covering a portion of the fixed capital investment, thereby reducing the financial burden on new ventures and encouraging high-capital projects in this niche sector. It forms a crucial part of the state's broader Tourism Policy 2025, reflecting a commitment to sustainable tourism growth and job creation within the region.
Eligibility
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Subsidy providers
Benefits & Funding
- Amount
- ₹25 Lakhs – ₹10 Cr
What You Get
Beneficiaries receive a capital investment subsidy of 25% on their approved fixed capital investment, subject to a maximum cap of ₹10,00,00,000/- (₹10 crore). This substantial financial support significantly de-risks the establishment of new adventure tourism projects. The subsidy disbursement method varies by project type: for Sea Plane and Amphibian Tourist Vehicles, it is released in phases (40% at the start of operation, and 20% annually for the next three years). For Aero Sports and Aero Sports Training Centres/Academies, the subsidy is provided one year after the commencement of operation. Additionally, investment made up to three years prior to the unit's operational commencement can be considered for subsidy calculation, providing flexibility for project planning and execution. The scheme also offers regulatory assistance by requiring mandatory permissions through an online single-window system.
- Disbursement
- Tranched
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications are reviewed and processed by the Tourism Department/Board. The primary selection mechanism involves verifying the applicant's eligibility, the details of the proposed tourism project, and the incurred capital expenditure against the scheme guidelines. The department scrutinizes all submitted documents to ensure compliance with the criteria set forth in the Tourism Policy 2025. Once all verifications are completed and found satisfactory, the subsidy claim is processed for disbursement.
Application Process
- 1
Register on Invest Portal
Create an account on the Madhya Pradesh Government's Invest Portal as a 'Vendor / Investor'.
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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 is the primary aim of this capital subsidy scheme?
The scheme aims to promote adventure tourism and enhance connectivity in Madhya Pradesh by incentivizing the establishment of sea plane, amphibian tourist vehicle, aero sports facilities, and aero sports training centres/academies.
What is the maximum subsidy amount I can receive?
The maximum capital investment subsidy provided under this scheme is capped at ₹10,00,00,000/- (₹10 crore).
What is the minimum capital expenditure required to be eligible?
Applicants must incur a minimum capital expenditure of ₹1,00,00,000/- (₹1 crore) on fixed assets as approved by the department.
How is the subsidy disbursed for different project types?
For Sea Plane and Amphibian Tourist Vehicles, the subsidy is released in phases: 40% at the start of operation, and 20% per year in the subsequent 2nd, 3rd, and 4th years. For Aero Sports and Aero Sports Training Centres/Academies, the subsidy is given after one year from the date of operation.
Can I apply if my company is not a Private Limited entity?
Yes, the scheme is open to various organization types including Public Limited Company, Private Limited, LLP, Proprietorship Firm, Partnership Firm, Cooperative, Trust, FPO, and Individuals.
What happens if my unit closes after receiving the subsidy?
If the unit is closed within specified timeframes (1 to 3 years) after receiving the subsidy, a portion of the applicable amount (80% to 50%) is required to be refunded to the department.
