Capital Investment Subsidy on Plant and Machinery (IPR 2022)
A programme by Industries Department, Government of Odisha
A subsidy on actual investment in plant and machinery, paid in phases over five years from the start of commercial production, at a higher rate for Thrust than Priority sectors.
At a glance
| Best for | New industrial units in Odisha's Priority and Thrust sectors that invest in plant and machinery |
|---|---|
| Duration | 5 years from the start of commercial production |
| Format | In person |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Capital Investment Subsidy on Plant and Machinery (IPR 2022)
A capital investment subsidy for eligible new industrial units in Odisha's Priority and Thrust sectors. It is calculated on actual investment in plant and machinery, leaving out the cost of land and building, and is paid in phases over five years from the date commercial production starts.
What you get
- A subsidy on plant and machinery investment, with a higher rate for Thrust sector units than for Priority sector units
- Annual claims for up to five years, each based on the eligible investment made up to the end of the financial year
- For captive renewable energy plants, a separate subsidy that also covers technical civil works, transmission lines and systems
Who can apply
- Eligible new industrial units in the Priority and Thrust sectors
- Captive renewable energy plants under the special provision
How to apply: Get Priority or Thrust sector status first, then file each annual claim under the department's operational guideline for this incentive.
Where to apply
Other Industries Department, Government of Odisha programmes
- Priority and Thrust Sector Status (IPR 2022)The sector status that Odisha's IPR 2022 incentives are tied to, applied for in two stages: provisional status, then the status certificate.
- Power Incentives (IPR 2022)Electricity duty exemption for Thrust sector units and per-unit power tariff reimbursement for Priority, Thrust, green hydrogen and green ammonia units.
- Net SGST Reimbursement (IPR 2022)Reimbursement of the net State GST a new Thrust or Priority sector unit pays, up to a limit tied to the cost of plant and machinery.
- Land, Stamp Duty and Land Conversion Support (IPR 2022)Land at a concessional industrial rate, plus stamp duty and land conversion premium support that the 2024 amendment turned from exemption into reimbursement.
- Employment Subsidy: ESI and EPF Reimbursement (IPR 2022)Reimbursement of the employer's ESI and EPF contribution for skilled and semi-skilled workers who are Odisha domiciles, for five years in the Priority sector.
Everything about Industries Department, Government of Odisha