Investment Promotion Assistance To Setup Large/Mega/Ultra-Mega Tourism Projects
By Tourism Department, Government of Madhya Pradesh
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Quick Answer
Financial incentives for private entities to establish large-scale tourism infrastructure projects in Madhya Pradesh, offering up to ₹90 crore based on capital investment and employment generation.
- Funding amount
- ₹3Cr – ₹90Cr
- Funding type
- Subsidy
- Application deadline
- Rolling
- Eligible stage
- Revenue
- Location
- Madhya Pradesh
About this subsidy
The "Investment Promotion Assistance to Setup Large/Mega/Ultra-Mega Tourism Projects" scheme, launched by the Tourism Department, Government of Madhya Pradesh, aims to significantly boost tourism infrastructure across the state. This initiative provides robust financial incentives to private investors and legal entities willing to undertake substantial capital investments in the tourism sector. The core objective is to encourage the establishment of diverse tourism projects, ranging from large-scale hotels and resorts to theme parks and other facilities, thereby creating significant employment opportunities for residents of Madhya Pradesh. The scheme categorizes projects into Large, Mega, and Ultra-mega, with varying thresholds for capital expenditure and employment generation, and offers tailored assistance accordingly.
By incentivizing these large-scale investments, the Madhya Pradesh government seeks to enhance its position as a premier tourist destination, improve visitor experience, and foster economic growth within local communities. The scheme is a crucial component of the state's broader tourism policy, designed to attract both domestic and international investors to contribute to the development of world-class tourism infrastructure.
Eligibility
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Subsidy providers
Benefits & Funding
- Amount
- ₹3Cr – ₹90Cr
What You Get
The scheme offers significant Investment Promotion Assistance, providing 30% of the capital investment as a subsidy. For Large Projects, the maximum ceiling is ₹15 crore. Mega Projects can receive up to ₹30 crore, and Ultra-mega Projects are eligible for a maximum of ₹90 crore. This assistance is disbursed over four years, with 10% in the first year, 10% in the second, 5% in the third, and 5% in the fourth. Additionally, SC/ST entrepreneurs with 100% ownership are entitled to an additional 5% capital investment subsidy. Heritage Hotels benefit from reduced investment and employment criteria while retaining eligibility for the specified category benefits. Phase-wise incentives are also available for projects completed within stipulated timelines.
- Disbursement
- Tranched
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications are submitted through the Madhya Pradesh Government's Invest Portal. The Tourism Department/Board is responsible for verifying the application and supporting documents. This verification ensures that the project meets the stipulated capital expenditure and employment generation criteria, and that all necessary permissions and project completion requirements have been fulfilled before processing the subsidy claim.
Application Process
- 1
Online Registration
Register as a 'Vendor / Investor' on the MP Invest Portal, providing organization details and contact information.
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 is the primary objective of this scheme?
The scheme aims to encourage significant private investment in tourism infrastructure projects across Madhya Pradesh by providing financial incentives (capital subsidies) based on the capital invested and employment generated. This is intended to boost tourism and create jobs in the state.
What is the maximum amount of assistance I can receive?
The maximum Investment Promotion Assistance you can receive is ₹90 crore for Ultra-mega projects, which is 30% of your capital investment. For Mega projects, it's ₹30 crore, and for Large projects, it's ₹15 crore.
Who is eligible to apply for this scheme?
Any private entity, including Public/Private Limited Companies, LLPs, Partnership Firms, Proprietary Concerns, Cooperatives, Trusts, FPOs, and individuals, that are willing to invest a minimum of ₹10 crore and create employment for residents of Madhya Pradesh, is eligible. Specific investment and employment thresholds apply based on project category (Large, Mega, Ultra-mega).
Are there any special benefits for certain categories of applicants or projects?
Yes, applicants from SC/ST categories with 100% ownership are eligible for an additional 5% capital investment subsidy. Furthermore, Heritage Hotel projects benefit from reduced minimum investment and employment requirements (50% of the standard limits for their respective categories) while remaining eligible for the same benefits.
How is the assistance disbursed?
The approved assistance is disbursed in tranches over four years. You will receive 10% in the first year, 10% in the second year, 5% in the third year, and 5% in the fourth year, provided all conditions, including project completion timelines and employment maintenance, are met.
What kind of documents are typically required for the application?
While not explicitly detailed beyond the portal registration, applicants generally need to provide proof of company registration, detailed project reports outlining capital expenditure and employment projections, land ownership or lease documents, necessary regulatory permissions, and financial statements. Post-project completion, proof of capital expenditure and employment records will be required for subsidy claim verification.
Sources
Data on this page is compiled from official program and provider references.
