Punjab IT/ITES Capital Subsidy
By Department of Industries & Commerce, Government of Punjab
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Quick Answer
IT and ITES units in Punjab get a capital subsidy of 50% of fixed capital investment, capped at ₹2.5 crore per unit.
About this subsidy
Clause 12.9 of Punjab's Industrial and Business Development Policy 2022 offers IT and ITES units a straight capital subsidy of 50% of Fixed Capital Investment, subject to a ceiling of ₹2.5 crore per unit. For a software services or BPO operation, fixed capital is largely fit-outs, servers, networking and workstations rather than heavy plant, so a half-cost subsidy meaningfully changes the payback on opening a delivery centre in the state. The ₹2.5 crore ceiling means the subsidy is fully utilised at ₹5 crore of qualifying investment; spending beyond that earns no additional benefit under this clause.
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
The Department of Industries & Commerce is the Government of Punjab's department that runs the Punjab Start-up Cell. The Cell is headed by the Director of Industries and Commerce and acts as a single point of contact for the state's startup policy. The department is based at…
Learn moreBenefits & Funding
- Amount
- Up to ₹2.5Cr
What You Get
A capital subsidy equal to 50% of the unit's Fixed Capital Investment, capped at ₹2.5 crore per unit. It is paid against verified capital expenditure rather than as a loan or equity, so nothing is repayable and no stake is taken. The ceiling binds at ₹5 crore of qualifying fixed capital investment.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Non-competitive. The department verifies the unit qualifies as IT/ITES under the policy and audits the Fixed Capital Investment claimed, then sanctions 50% of it up to the ₹2.5 crore ceiling.
Application Process
- 1
Eligibility approval
The department approves the project as an eligible IT/ITES unit.
Provider - 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
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
How much is the subsidy?
50% of Fixed Capital Investment, subject to a ceiling of ₹2.5 crore per unit.
What counts as fixed capital investment?
The capital assets of the unit as assessed by the department under the policy — the clause itself defines the benefit against FCI.
Is the ceiling per unit or per company?
The policy states ₹2.5 crore per unit.
Who qualifies?
IT and ITES units in Punjab under the Industrial and Business Development Policy 2022.
Sources
Data on this page is compiled from official program and provider references.
News
- UP Cabinet Approves First Amendment to IT & ITeS Policyegov.eletsonline.com · 2 months ago
Source: Google News aggregated
